Much to our surprise we have been informed by our financial adviser that my Stockport solicitor is not on the lender Solicitor panel. What can I do to be certain that this is indeed the case?
You need to call your Stockport lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a property in Stockport? or I am told that there is an ancient law that means some house owners living in a parish church boundary will be compelled to pay for repairs to the chancel in proximity to the church. Is this relevant for conveyancing in Stockport?
Unless a previous acquisition of the property took place post 12 October 2013 you may take it that solicitors delivering conveyancing in Stockport to continue to suggest a chancel search and or chancel repair liability policy.
My husband and I are first time buyers - agreed a price, but the estate agent advised that the seller will only go ahead if we instruct the agent's recommended lawyers as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer who is familiar with conveyancing in Stockport
We suspect that the seller is unaware of this demand. Should the vendor desire ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Try to communicate with the vendors directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)however you are going to instruct your preferred Stockport conveyancing firm - not the ones that will earn the negotiator at the agency a commission or achieve conveyancing targets pre-set by senior management.
I have just appointed agents to market my garden flat in Stockport. Conveyancing solicitors are to be appointed soon, however I have just received a half-yearly maintenance charge demand – what should I do?
It best that you clear the maintenance contribution as usual as all ground rent and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I acquired a basement flat in Stockport, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Stockport with a long lease are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 2080
You have 62 years unexpired the likely cost is going to span between £17,100 and £19,800 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
How much experience do your Stockport conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Stockport conveyancing lawyers help thousands of buyers move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Stockport conveyancers have worked on recent similar matters.