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Find a Stockton Heath Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Stockton Heath

I sincerely hope you can help me. My Stockton Heath lawyer is advising me that he has toconduct Stockton Heath conveyancing searches becausethe firm are on the HSBCapproved lawyer panel. Do I not have any say here?

Unfortunately both you and your lawyer have little choice here. As you are obtaining a mortgage with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Stockton Heath conveyancing searches.

I need some expedited conveyancing in Stockton Heath as I have a deadline to complete within one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?

If.Given you are not getting a mortgage you have the choice not to have searches conducted although no law firm would advise that you don't. With lots of history conveyancing in Stockton Heath the following are instances of what can appear and adversely impact future saleability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...

How does conveyancing in Stockton Heath differ for new build properties?

Most buyers of new build premises in Stockton Heath contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Stockton Heath usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stockton Heath or who has acted in the same development.

I have been advised by three or four local selling agents in Stockton Heath to select a solicitor on your site. Is there a financial inducement for Estate Agents to offer your services over and above alternative conveyancing organisations?

We refuse to give any commission for pointing buyers and sellers our way. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

What advice can you give us when it comes to choosing a Stockton Heath conveyancing firm to deal with our lease extension?

If you are instructing a conveyancer for lease extension works (regardless if they are a Stockton Heath conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Stockton Heath conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:

    What volume of lease extensions have they carried out in Stockton Heath in the last year?

I acquired a basement flat in Stockton Heath, conveyancing was carried out 4 years ago. How much will my lease extension cost? Corresponding flats in Stockton Heath with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease finishes on 21st October 2078

With only 56 years unexpired we estimate the premium for your lease extension to be between £29,500 and £34,000 plus costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account 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 getting professional advice.

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