We were about to choose a conveyancing solicitor in Stretton found using your comparison tool but stumbled across alternative quotes on the internet look less expensive – how come?

You can find many firms of websites advertising self styled £99 conveyancing, yet more often than not supplementalcosts end up with the final bill mounting up beyond all recognition. In accordance with regulatory requirements charges set out in terms of engagement should be honest and reasonable raised The law firms that we put forward for conveyancing in Stretton specify all charges for the property you intend tobuy.

We are looking to buy a property and require a conveyancing solicitor in Stretton who is on the Lloyds approved panel. Could you point me in the right direction as regards a conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Stretton.

I bought my flat on 9 October and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Stretton said it will be recorded in less than a month. Are properties in Stretton particularly slow to register?

There is nothing unique about conveyancing in Stretton registration formalities. Rather than based on location, timescales can differ subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any 3rd parties. Currently approximately three quarters of such applications are fully addressed within two weeks but some can be subject to longer hold-ups. Registration takes place after the new owner has moved in to the property thus 'speed' is not usually top priority but if there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.

I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Stretton is the location of the property. What do you suggest?

Flying freeholds in Stretton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stretton you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stretton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

What makes a Stretton lease problematic?

Leasehold conveyancing in Stretton is not unique. All leases are drafted differently and drafting errors can sometimes mean that certain clauses are wrong. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party. Insurance obligations

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Coventry Building Society, and Platform Home Loans Ltd all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to pull out.

Stretton Leasehold Conveyancing - Examples of Queries before buying

What is the maintenance charge and ground rent on the flat? This information is useful as a) areas may cause problems for the building as the communal areas may begin to deteriorate where maintenance are not paid for b) if the leaseholders have an issue with the managing agents you will wish to have complete disclosure Its a good idea to discover as much as you can regarding the company managing the block as they will either make living at the property much easier or a lot more difficult. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to every day matters such as the cleanliness of the common parts. Ask other people whether they are happy with their service. On a final note, find out the dates that you are obliged pay the service charge to the appropriate party and specifically how they are spending that money.