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Recently asked questions about conveyancing in Stroud

My partner’s step-father is a solicitor. I expect that I'll be able to get mate’s fee for conveyancing, but if not, what level of costs should I be paying for conveyancing in Stroud?

It’s advisable to seek two or three conveyancing estimates. Make use of our search tool on this page. Whilst prices seem to vary but service levels do differ between law firms as is the case with most professions.

When reading moneysavingexpert.com for a high-quality lawyer in Stroud, most post that I must instruct a CQS accredited solicitor. What is CQS?

The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home moving process, trusted by some of the UK's biggest lenders. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Association of British Insurers (ABI). CQS is not a scheme offered by the Society for Licensed Conveyancers. Stroud is one of the many areas in England and Wales where there are CQS solicitors.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Stroud?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Stroud. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

What does commercial conveyancing in Stroud cover?

Commercial conveyancing in Stroud incorporates a wide range of advice, supplied by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I am attracted to a couple of apartments in Stroud which have approximately forty five years remaining on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Stroud. The lease is a legal document that entitles you to use the premises for a period of time. As a lease gets shorter the saleability of the lease decreases and it becomes more expensive to extend the lease. For this reason it is advisable to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this area.

Stroud Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

    Its a good idea to discover as much as possible regarding the managing agents as they can either make your living at the property much easier or a lot more difficult. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to day to day matters such as the tidiness of the common parts. Enquire of other people what they think of them. Finally, find out the dates that the maintenance fees are due to the managing agents and specifically how they are spending the funds. Generally speaking the cost for major works are not wrapped into the maintenance charges, albeit that some managing agents in Stroud require leasehold owners to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance.

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