I have a decision in principle. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would much rather instruct a specialised conveyancing solicitor in Staindrop?

Do check but the the likelihood is that give you one of their panel conveyancers where you take up the "fee-free" deal. Call the mortgage company and see if they make available a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Staindrop.

How does conveyancing in Staindrop differ for new build properties?

Most buyers of new build premises in Staindrop approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because developers in Staindrop typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Staindrop or who has acted in the same development.

Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Staindrop?

At this site get a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Staindrop. Unlike many estate agents and many comparison sites we do not charge firms a commission if you instruct them for your property ownership legalities in Staindrop

Should I choose a Staindrop conveyancing lawyer who is local to the property I am purchasing? An old friend can deal with the legal work however they are based 200miles away.

The primary upside of using a high street Staindrop conveyancing firm is that you can attend the office to execute paperwork, deliver your ID and pester them where appropriate. They will also have local intelligence which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were impressed that must trump using an unfamiliar Staindrop conveyancing lawyer just because they are local.

I own a leasehold flat in Staindrop. Conveyancing and Nottingham Building Society mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Staindrop who previously acted has long since retired. What should I do?

First make enquiries of the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Staindrop conveyancing firm to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I invested in buying a 1st floor flat in Staindrop, conveyancing was carried out 6 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Staindrop with a long lease are worth £202,000. The ground rent is £55 charged once a year. The lease terminates on 21st October 2081

With only 56 years left to run the likely cost is going to be between £29,500 and £34,000 plus costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.