I am not well enough to travel far from Stony Stratford. I would like to know the understand why all Stony Stratford conveyancing practitioners aren't included on all bank panels?
As unjust as it may seem for mortgage companies to restrict who can represent them, from the public’s or conveyancer’s standpoint, the the contrary view is that banks are increasingly anxious and feel it necessary to protect them from illegal activities. As a result of this concern banks are limiting their panel of approved conveyancing lawyers to a manageable size.
I am looking to buy a property and require a conveyancing solicitor in Stony Stratford who is on the Nottingham Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Stony Stratford. We dont recommend any particular firm.
I am looking for a flat up to £195,000 and found one near me in Stony Stratford I like with amenity areas and transport links nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in Stony Stratford in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
I'm refinancing my current home to a buy to let mortgage with National Westminster Bank and I will use the ballance of the raised equity as a deposit on a second house. The location we are interested in is Stony Stratford. Will your lawyers be able to act for the two lenders and tie in the conveyances?
Make use of our search tool on this page to ensure that the solicitors are on the relevant lender panels. Having checked that they are the solicitor should be able to simultaneously deal with the two deals but you should talk with you solicitor and make clear your expectations and requirements.
My husband and I are FTB’s - had an offer accepted, but the agent advised that the owners will only proceed if we use the agent's recommended solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Stony Stratford
It is improbable the owners are behind this. If they desire ‘a quick sale', turning down a serious buyer is going to damage their objectives. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Stony Stratford conveyancing firm - not the ones that will give the estate agent a kickback or meet his conveyancing figures set by senior management.