I am purchasing a house mortgage free in Stonehouse. I have resided for the last 15 years in Stonehouse. Conveyancing searches are expensive. As I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a mortgage, then all but one or two of the Stonehouse conveyancing searches are non-obligatory. Your solicitor will ’encourage you, perhaps strongly, that you should have searches carried out, but she is duty bound to do this. One thing to take into account; if you are going to dispose of the house in the future, it will likely be be of importance to your future purchaser what the searches disclose. There are plenty of instances where houses with apparent issues can still show up unexpected search results. A competent conveyancing solicitor in Stonehouse should be able to give you some sensible guidance here.

What is the optimum way to find out if the solicitor handling my conveyancing in Stonehouse is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus spending £192.00 in supplemental legal costs.

Feel free to make use of the search tool on this page. Pick the lender and type ‘Stonehouse’ or your location and you will see numerous solicitors offices in Stonehouse or by proximity to you.

How does conveyancing in Stonehouse differ for new build properties?

Most buyers of new build property in Stonehouse come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Stonehouse 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 Stonehouse or who has acted in the same development.

I have been on the look out for a ground for flat up to £305k and found one near me in Stonehouse I like with a park and station nearby, however it only has 52 years unexpired on the lease. There is not much else in Stonehouse suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you need a home loan that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

Can you clarify the variety of conveyancing offered by Stonehouse conveyancing practices?

By and large Stonehouse conveyancing organisations can carry out various services to home and land proprietors, vendors, first time buyers, freeholders and tenants and you can expect them to do some of the following services:

House sale conveyancing in Stonehouse or wider afield Property purchase conveyancing in Stonehouse and also around the country Shared or joint ownership Agreements Switching mortgage lenders Stonehouse conveyancing for Employee Relocation conveyancing schemes in and outside of Stonehouse representing landlords and seeking possession against tenants, licensees or squatters in and outside of Stonehouse