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

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

Only LenderPanel.com provides a subset of authorised Stoke Poges conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Stoke Poges

2 months have elapsed since my purchase conveyancing in Stoke Poges took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Stoke Poges is where the house is located. Can you offer any assistance?

Flying freeholds in Stoke Poges are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stoke Poges you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stoke Poges may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Taking into account that I will soon part with 450k on a terraced house in Stoke Poges I would like to talk to a conveyancer concerning thetransaction before instructing the firm. Is this something that you can arrange?

This is something that we encourage - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor due to be carrying out your property ownership legalities in Stoke Poges.There is no ‘factory style conveyancing’ - every client is unique person, not a matter reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Stoke Poges should be the figure that you end up paying.

What are the common deficiencies that you come across in leases for Stoke Poges properties?

Leasehold conveyancing in Stoke Poges is not unique. All leases are unique and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

    A provision to repair to or maintain parts of the property Service charge per centages that don't add up correctly leaving a shortfall

You will have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Bank of Scotland, and Platform Home Loans Ltd 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 does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.

I invested in buying a 1 bedroom flat in Stoke Poges, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar flats in Stoke Poges with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease expires on 21st October 2097

With just 78 years left to run we estimate the price of your lease extension to span between £7,600 and £8,800 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.

What type of property do your Stoke Poges conveyancing quotes relate to?

Our conveyancing quotes are only applicable to standard residential homes in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Stoke Poges do contact us to discuss this further .

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