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Find a Stotfold Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Stotfold

It has taken forever and a day but a loan agreement from Santander for the remortgage of my 4 bedroom garden flat is expected any day now. Can you put forward a cheap conveyancing practitioner in Stotfold?

You are on the wrong site if you are seeking the cheapest conveyancing solicitors in Stotfold. Our aim is to provide affordable conveyancing but we do not advertise as being the cheapest. Do not be seduced by brokers offering the bait of £100 conveyancing in Stotfold. Optimistically, in going for cheap conveyancing, you will get your money’s worth and at worst it will result in you invoiced for additional fees and still not receive the service expected.

My god-son is about to exchange on a house that has just been built in Stotfold with a home loan from Nottingham. His lawyer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?

The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Nottingham conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Nottingham conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Should our conveyancer be raising questions about flooding during the conveyancing in Stotfold.

Flooding is a growing risk for conveyancers carrying out conveyancing in Stotfold. Plenty of people will buy a property in Stotfold, fully expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.

Solicitors are not best placed to give advice on flood risk, but there are a number of checks that may be initiated by the purchaser or by their lawyers which will figure out the risks in Stotfold. The standard information given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the seller to discover if the premises has suffered from flooding. If flooding has previously occurred and is not revealed by the owner, then a purchaser could bring a compensation claim as a result of such an misleading reply. The buyer’s solicitors will also conduct an environmental search. This will reveal whether there is any known flood risk. If so, additional inquiries should be carried out.

I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Stotfold for a purchase of a freehold house 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?

The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stotfold conveyancing specialists.

We expect to complete our sale of a £425,000 flat in Stotfold in just under a week. The management company has quoted £384 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Stotfold?

For most leasehold sales in Stotfold conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Addressing pre-exchange enquiries Where consent is required before sale in Stotfold Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Stotfold leasehold property is £350. For Stotfold conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide answers.

I inherited a basement flat in Stotfold, conveyancing was carried out in 1996. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Stotfold with an extended lease are worth £216,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2091

You have 69 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.

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