My Solicitor in Stapleford has never been on on the Norwich and Peterborough Building Society Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the Norwich and Peterborough Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Stapleford solicitors but Norwich and Peterborough Building Society will need to instruct a conveyancer on their list of acceptable firms. This will result in additional overall conveyancing fees and cause delays.
- Get a new practitioner to to deal with the conveyancing, not forgetting to check they are Norwich and Peterborough Building Society approved.
- Persuade your Norwich and Peterborough Building Society solicitor to seek to join the Norwich and Peterborough Building Society panel
My stepmother advised me that in purchasing a property in Stapleford there may be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Stapleford which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Stapleford should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to mortgage companies such as TSB, do Stapleford conveyancing practitioners incur a yearly amount to be on the conveyancing panel?
We are unaware of any bank fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
How can we know in advance if a Stapleford conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Stapleford seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your conveyancing.
I am looking for a flat up to £195,000 and identified one round the corner in Stapleford I like with a park and railway links in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Stapleford for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
My husband and I are novice buyers - had an offer accepted, yet the estate agent informed us that the owners will only go ahead if we use the agent's preferred conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a family solicitor used to conveyancing in Stapleford
We suspect that the owner is not behind this requirement. Should the seller require ‘a quick sale', turning down a motivated buyer is likely to cause more damage than good. Bypass the agents and go straight to the sellers and explain that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you are going to use your preferred Stapleford conveyancing firm - not the ones that will earn the estate agent a referral fee or meet his conveyancing figures set by HQ.
My hope is to acquire a ground floor apartment in Stapleford. Conveyancing solicitor is awaiting, from the owner, building insurance schedule. I was told today I was advised that the seller needs to send the insurance documents for the flat above also. Why does my lawyer need to review the insurance for the other flat? Is it strictly necessary? We have been stalled for the previous fortnight…
It is not impossible in leasehold conveyancing in Stapleford to discover Conveyancing in Stapleford in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the whole block - which is clearly better. Do contact your lawyer but it would appear that your conveyancer is seeking to establish that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be reinstated as a result of lack of insurance.