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

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

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


Recently asked questions about conveyancing in Stockton on Tees

How do I search for the right solicitor to give a first class service for my conveyancing in Stockton on Tees?

First ask relatives who they would recommend.

Second, use a comparison service on the internet for conveyancing in Stockton on Tees. Phone two or three from the list and ask them to email you their conveyancing estimate and discuss your needs with the solicitor who will oversee your legal process prior tocommitting.

Option 3 is to use this site to help you find the right lawyers taking into account your personal requirements including location,speed, complications and who your intended lender is. Avoid the trap of appointing £100 conveyancing in Stockton on Tees

My Stockton on Tees lawyer has discovered a discrepancy when comparing the surveyor’s assumptions in the valuation survey and what is in the conveyancing documents. My lawyer says that he is obliged to check that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s stance correct?

Your conveyancer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

How does conveyancing in Stockton on Tees differ for newly converted properties?

Most buyers of new build premises in Stockton on Tees approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Stockton on Tees typically acquire 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 on Tees or who has acted in the same development.

Due to the advice of my in-laws I had a survey completed on a house in Stockton on Tees prior to retaining lawyers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to grant a mortgage on this type of property.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stockton on Tees. Conveyancing will be smoother if you use a solicitor in Stockton on Tees especially if they are acquainted with such properties in Stockton on Tees.

I have recently placed an offer on a leasehold flat in Stockton on Tees and the estate agent that we are using suggested his lawyer. He quoted a thousand pounds excluding VAT and disbursements. Does this sound expensive?

Don't just go on 1 estimate. One should obtain like-for-like quotes for your conveyancing in Stockton on Tees. Then pick one that you trust and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.

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Find out more about how flying freehold can affect your the value of a property.