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Find a Stockport Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Stockport? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Stockport conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Stockport conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Stockport

I purchased a freehold premises in Stockport but still charged rent, why is this and what is this?

It is rare for properties in Stockport and has limited impact for conveyancing in Stockport but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

My wife and I have recently appointed a conveyancing solicitor in Stockport. I I would like to check if they are accepted on the Halifax approved list of lawyers. Could you help?

You should call your conveyancer and enquire whether they are on the lender panel. Otherwise please get in touch with Halifax who may be able to confirm.

Should I be wary that 3rd parties that I am dealing with are suggesting a nationwide conveyancing firm rather than a local Stockport conveyancing firm?

As with lots of professional services, often referrals from connections can be very helpful. Yet there are numerous parties with a keen interest in a conveyancing deal; estate agents, financial adviser and mortgage companies might all put forward solicitors to instruct. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the endorsement. You have the discretion to choose your own lawyer. Don't forget that the majority of mortgage providers specify a panel list of solicitors you are obliged to use for the lender related work in your house move.

Back In 2002, I bought a leasehold flat in Stockport. Conveyancing and Birmingham Midshires mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Stockport who previously acted has now retired. Any advice?

The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the new freeholder. You do not need to incur the fees of a Stockport conveyancing solicitor to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I purchased a split level flat in Stockport, conveyancing having been completed 6 years ago. How much will my lease extension cost? Comparable properties in Stockport with over 90 years remaining are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2088

You have 69 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 plus professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.

I need to find a bank panel solicitor in Stockport. Could you help me?

It is not clear why you need a Stockport panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Stockport are on their panel . If you do find such a firm in Stockport not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site

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