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Find a Stoke Park Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Stoke Park

There are a variety of conveyancing solicitors in Stoke Park but how do I know who I should use?

Do not opt for the lowest Stoke Park conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.

Forgive me if this question is silly but I am new to the home buying as a first time buyer of a two bedroom flat in Stoke Park. Do I pick up the keys to the house on the completion date from my lawyer? If so, I will find a High Street conveyancing solicitor in Stoke Park?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be invited to collect the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.

I'm at the point of looking at houses in Stoke Park and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a home loan with HSBC.

It would be advisable to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are getting a mortgage with HSBC, ask your prospective lawyers if they are on the HSBC conveyancing panel otherwise they can't do the mortgage legal work.

About to purchase a new build apartment in Stoke Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Stoke Park

    Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

In what way can the Landlord & Tenant Act 1954 impact my business property in Stoke Park and how can your lawyers assist?

The 1954 Act affords protection to business leaseholders, giving them the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Stoke Park

Planning to sign contracts shortly on a ground floor flat in Stoke Park. Conveyancing solicitors have said that they will have a report out to me on Monday. What should I be looking out for?

The report on title for your leasehold conveyancing in Stoke Park should include some of the following:

    Repair and maintenance of the flat Does the lease require carpeting throughout thus preventing wood flooring? Whether your lease provides for a sinking fund? Defining your legal entitlements in relation to the communal areas in the building.For example, does the lease provide for a right of way over an accessway or staircase? Alterations to the premises
For details of the information to be contained in your report on your leasehold property in Stoke Park please enquire of your lawyer in advance of your conveyancing in Stoke Park.

I inherited a 2 bed flat in Stoke Park, conveyancing formalities finalised 3 years ago. How much will my lease extension cost? Equivalent flats in Stoke Park with over 90 years remaining are worth £180,000. The ground rent is £65 yearly. The lease finishes on 21st October 2084

With just 59 years remaining on your lease we estimate the price of your lease extension to be between £20,900 and £24,200 plus professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.

20 days into a sale of a flat in Stoke Park. Conveyancing is fine but we are being charged an extortionate amount by the freeholder. To date we have forked out £225 for a leasehold management information and then a further £200 plus VAT for supplemental queries raised by the purchaser's lawyer.

Neither you or your solicitor will have any impact over the level of the bill for this information but the typical fee for the information for Stoke Park leasehold premises is £395. When it comes to Stoke Park conveyancing sales it is conventional for the owner to cover the charges. The freeholder or their agents are under no statutory obligation to answer these questions although many will be content to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that mandates capped fees for administrative tasks. Neither is there any set time limit by which they are obliged to supply answers.

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