Me and my partner are buying a flat in Stretford. It might be a silly question but how we can trust a conveyancer? On completion day we will need to put money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my step-mother sell her flat in Stretford. Will the conveyancing solicitor order the EPC or do I organise this?
Following the demise of HIPs, energy performance certificates was maintained a mandatory component of moving property. An energy performance certificate should be to hand before the property is marketed. This is not a task that conveyancers ordinarily organise. Where you are instructing a Stretford conveyancing solicitor they might be able to arrange energy performance certificates given their relationships with reputable Stretford providers
I can not fathom if my lender requires a lease extension. I have telephoned my Stretford bank branch on a couple of occasions and was reassured it wasn't an issue and they would lend. My Stretford conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Provided that the conveyancing practitioner is on the mortgage company panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I have been on the look out for a leasehold apartment up to £305k and found one round the corner in Stretford I like with amenity areas and station nearby, however it's only got 51 years on the lease. I can't really find anything else in Stretford in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the shortness of the lease will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I'm refinancing my existing house to a buy to let loan with Skipton Building Society and intend to use the remaining equity as a down payment on further property. The location we are interested in is Stretford. Will your conveyancers be able to act for the two mortgage companies and tie in the conveyances?
Do use our search tool on this page to check that the conveyancers are on the appropriate lender panels. On the basis that they are your lawyer will be able to connect the two conveyancing matters but you should have a chat with you solicitor and make clear your desired outcome and needs.
In sourcing the world wide web for the term cheap conveyancing in Stretford it brings up many property lawyersin the vicinity. With so much choice what is the best way to find the right solicitor for the sale of my house?
The best method of seeking a suitable conveyancer is through a trusted testimonial, so seek the opinion of colleagues and relatives who have bought a property in Stretford or the respected estate agent or mortgage broker. Costs for conveyancing in Stretford vary, so it's sensible to secure a minimum of four fee calculations from varying types of solicitors. Make sure that you know what costs in the quote includes.
For various reasons I cannot be present at my Stretford conveyancing solicitors office to execute documents for conveyancing in Stretford – will this be problematic?
Not a problem. Stretford conveyancing solicitors can undertake home moves for clients nationwide. You are unlikely to be required to meet your lawyer in the flesh at a Stretford conveyancers office. Almost all conveyancer can deal with everything via phone, post and email - whatever works for you.