Why would I appoint a Stoke Newington conveyancing company given that internet based alternatives are less overpriced?

Its a good idea to compare conveyancing costs in Stoke Newington and you should seek an affordable quote but don’t become consumed with looking for the lowest priced Stoke Newington conveyancer. Identifying the right conveyancer can be the distinction between a seamless and a frustrating move. It is important that you ensure that you have expert guidance from an experienced lawyer. An e-mail can never be as helpful as a telephone conversation and are no substitute for a one to one consultation. Our partner firms will appoint you a qualified and trusted conveyancing solicitor that will handle your conveyancing from from the outset to completion, providing a level of hand holding that you will never get with an internet conveyancer. Our lawyers will inform you as to any developments and keep you informed. Should it ever be necessary to phone the office you will know who you need to speak to and they will be sure you are in the know.

All was ready to complete my purchase in Stoke Newington next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What risks does the mortgage company expect the insurance to cover?

All property lawyers on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These requirements are not specific to conveyancing in Stoke Newington.

We wanted to use a property lawyer in Stoke Newington for our house move. Our broker has since notified us that our mortgage company The Royal Bank of Scotland won't deal with them. Surely this is unfair competition?

A bank may require a panel conveyancer act for it. You would be expected to meet the cost of this. Do use our search facility to locate a solicitor to conduct conveyancing in Stoke Newington on the The Royal Bank of Scotland approved list of solicitors.

I am attracted to a two maisonettes in Stoke Newington both have about fifty years remaining on the leases. Will this present a problem?

A lease is a right to use the property for a prescribed time frame. As a lease gets shorter the marketability of the lease reduces and results in it becoming more expensive to acquire a lease extension. For this reason it is often a good idea to extend the lease term. It is often difficulties arise selling premises with a short lease because mortgage lenders may be unwilling to lend money on such properties. Lease enfranchisement can be a difficult process. We recommend you get professional assistance from a solicitor and surveyor with experience in this field.

I am the proprietor of a first floor flat in Stoke Newington. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?

in cases where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to arrive at the sum to be paid.

An example of a Lease Extension matter before the tribunal for a Stoke Newington flat is Lower Flat 16A Beatty Road in September 2012. The premium payable was £13,577. The terms of the lease has been agreed between the Applicants and the First Respondent and the Tribunal did not seek to disturb that agreement. This case was in relation to 1 flat.

Our mortgage broker has suggested using their conveyancer for our conveyancing in Stoke Newington - Is it not simpler easier to just use them?

It is worth checking if the selling agent is recommending a solicitor or introducing to a lawyer. There are plenty of Stoke Newington selling agents who recommend two or three Stoke Newington conveyancing firms and get nothing from it.