I am obtaining a offer of a home loan from Lloyds. I hope to enlist the help of a Licensed Conveyancer in Stockwood. Does the Lloyds Conveyancing panel allow for conveyancers regulated by the CLC?

The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

I used Wolstenholmes several years past for my conveyancing in Stockwood. Now, I need the files but cannot find the solicitor. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stockwood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Due to the advice of my in-laws I had a survey completed on a house in Stockwood ahead of retaining lawyers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders will refuse to grant a mortgage on such a premises.

It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stockwood. Conveyancing may be slightly more expensive based on your lender's requirements.

How do I use the search app to locate a conveyancing solicitor in Stockwood on the authorised to act for my lender?

1st pick a bank such as Accord Mortgages Ltd, Bank of Scotland or Britannia then type in your preferred area for instance Stockwood. Conveyancing firms in Stockwood and across England and Wales will then be identified.

Are there common defects that you come across in leases for Stockwood properties?

There is nothing unique about leasehold conveyancing in Stockwood. All leases are unique and legal mistakes in the legal wording can result in certain provisions are wrong. The following missing provisions could result in a defective lease:

A provision to repair to or maintain elements of the property A provision for the recovery of money spent for the benefit of another party.

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Bank of Scotland, and TSB all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to pull out.

Stockwood Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

Please note if it is less than 80 years it will impact the salability of the apartment. It is worth checking with your bank that they are happy with residual term of the lease. A short lease means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of how much this would cost. For most Stockwoodlease extensions you would be be obliged to have owned the property for two years before you are legally able to extend the lease. How many of the leaseholders are in arrears for their maintenance charge payments? The answer will be helpful as a) areas could result in problems for the block as the common areas may start to deteriorate where services remain unpaid b) if the leaseholders have a dispute with the running of the building you will need to have complete disclosure