We are getting closer to an exchange on a property in Stockbridge Village and my parents have sent the ten percent deposit to my solicitor. I am now informed that as the deposit has been sent from someone other than me my conveyancer needs to make a notification to my lender. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I informed the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?

Your conveyancer is obliged to check with the bank to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

Are all Stockbridge Village Conveyancing Quality Solicitors on the Lloyds conveyancing list of approved practices?

A selection of banks and building societies now utilise CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.

How can we tell if a Stockbridge Village conveyancing solicitor on the Kent Reliance panel is any good?

When it comes to conveyancing in Stockbridge Village getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.

I am expecting a OIP from Virgin Money this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Virgin Money recommend any Stockbridge Village solicitors on the Virgin Money conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Stockbridge Village solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.

I require quick conveyancing in Stockbridge Village as I have pressure to complete within 2 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?

If.Given you are are a cash buyer you are at liberty not to do searches although no conveyancer would recommend that you don't. With lots of history conveyancing in Stockbridge Village the following are examples of issues that can arise and adversely impact the marketability of the property: Enforcement Notices, Outstanding Fees, Overdue Grants, Unadopted Roads,...

Helen (my wife) and I may need to sub-let our Stockbridge Village basement flat temporarily due to a career opportunity. We instructed a Stockbridge Village conveyancing firm in 2001 but they have since shut and we did not think at the time seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?

A lease dictates relations between the landlord and you the flat owner; specifically, it will set out if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Stockbridge Village do not contain an absolute prevention of subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.

Stockbridge Village Leasehold Conveyancing - Sample of Questions you should ask Prior to Purchasing

Most Stockbridge Village leasehold properties will incur a service charge for maintenance of the block levied on behalf of the freeholder. Where you purchase the flat you will have to pay this charge, usually in instalments during the year. This could vary from a few hundred pounds to thousands of pounds for bigger purpose-built buildings. In all likelihood there will be a rentcharge to be met annual, normally this is not a exorbitant amount, say approximately £50-£100 but you should to check as sometimes it can be surprisingly expensive. The answer will be important as a) areas may cause problems for the block as the communal areas may start to deteriorate if maintenance remain unpaid b) if the leasehold owners have a dispute with the running of the building you will need to have all the details Make sure you find out if there is anything that is prohibited in the lease. By way of example plenty of leases prohibit pets being allowed in certain buildings in Stockbridge Village. If you like the apartmentin Stockbridge Village however your cat is not allowed to move with you then you have a very hard decision.

Your search tool is useful but there are many lawyers listed near Stockbridge Village being on the mortgage company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our lender?

We are not in the business of recommending one firm above another as the right Stockbridge Village conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Stockbridge Village knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..