Should lawyers request money on account for my conveyancing in Stotfold?
Where you are retaining lawyers for conveyancing in Stotfold your solicitor will request that you to provide them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the sale price then this will be asked for shortly in advance of exchange of contracts. The closing balance that is needed will be payable shortly before completion.
Have just purchased a repossessed house at auction in Stotfold. Conveyancing is required. What are my next steps?
Given that you have now exchanged you will need to find a conveyancing practitioner soon as you are faced with a fast approaching a fixed date to complete the property. Every auction property should have a corresponding auction pack. This will include most,if not all of the paperwork that your solicitor will need. If you have purchased leasehold property the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must give this to the conveyancer instructed by you at the earliest opportunity. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
How can we tell if a Stotfold conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Stotfold obtaining recommendations is a good starting point. 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.
Coventry BS have agreed my mortgage in principle, my offer on a house in Stotfold has been agreed to, what happens next?
Your estate agent will wish to know who your solicitors are (ensure that the conveyancers are on the bank’s panel). Telephone Coventry BS or your broker and complete any outstanding paperwork. Coventry BS will instruct a valuer who will get in touch with the selling agent or owners to book a slot for the valuation to occur. Once carried out (assuming no problems) it takes on average a week to get a mortgage offer. Coventry BS will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Stotfold.
I have justbeen informed that Wolstenholmes have been shut down. They conducted my conveyancing in Stotfold for a purchase of a freehold house 12 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Stotfold conveyancing specialists.
I decided to have a survey carried out on a property in Stotfold ahead of retaining conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders will refuse to give a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Stotfold. Conveyancing will be smoother if you use a solicitor in Stotfold especially if they are acquainted with such properties in Stotfold.
How can the Landlord & Tenant Act 1954 impact my commercial property in Stotfold and how can you help?
The 1954 Act affords protection to business lessees, granting the a statutory right to make a request to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Stotfold