Find a Stourbridge Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Stourbridge

The housing market in Stourbridge is heating up. What can I do to speed up matters?

Where the seller is applying time constraints for your conveyancing it is advisable to make sure that your solicitor is familiar with the area as they will have local connections and intelligence. It is even conceivable that they could have handled otherhouses in the same neighbourhood. Therefore consider using a Stourbridge conveyancing lawyer. In addition, make sure that the lawyer is on the member panel. It is claimed that 18% of Stourbridge conveyancing deals are held up or derailed after finding out that a purchaser’s lawyer was not on their mortgage lender’s panel. This can often result in the legal transfer of property being delayed by an average of 21 days. It is believed that this issue impacts in the region of 100,000 home sales annually. Almost all Stourbridge conveyancing practices can not represent certain mortgage companies so do check at the outset.

I purchased a freehold house in Stourbridge but nevertheless pay rent, why is this and what is this?

It is rare for properties in Stourbridge and has limited impact for conveyancing in Stourbridge but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

Is there a search tool that I can use to find out if the solicitor conducting my conveyancing in Stourbridge is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus paying £175.00 in another set of conveyancing bill.

You should take advantage of the search tool on this page. Please choose the mortgage company and type ‘Stourbridge’ or your preferred area and you will be presented with numerous conveyancers located in Stourbridge or nearest you.

Due to the guidance of my in-laws I had a survey completed on a house in Stourbridge before instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks will refuse to give a mortgage on such a premises.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Stourbridge. Conveyancing may be slightly more expensive based on your lender's requirements.

How simple is it to change solicitor as I have to choose one who is on the Clydesdale conveyancing list. I instructed a high street conveyancing solicitor in Stourbridge round the corner but the firm is not approved by Clydesdale

We will our best to assist in finding you a conveyancing solicitor in Stourbridge on the Clydesdale panel. Please note that the solicitors that we on the directory do not pay us commission if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Stourbridge. In utilising the find a conveyancing solicitor tool on this page, you can compare fees for conveyancing solicitors in Stourbridge and beyond.

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