Having been told to check out your organisation we were going to use a conveyancing solicitor in Stamford listed using your comparison tool but have come across some other fee calculations via the web seem less pricey – how come?

You can find a variety of conveyancing outfits offering theoretically looks to be cut price. Our recommendation is to think twice about how important this transaction is to you that want to be penny wise pound foolish in relation to the quality of the conveyancing. Some embed fees deep into the terms of business. The law firms that we list for conveyancing in Stamford will notbehave this way.

Due to the advice of my in-laws I had a survey completed on a house in Stamford in advance of retaining solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some banks may not give a loan on this type of house.

It varies from the lender to lender. HSBC has different requirements from Halifax. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stamford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stamford to see if the conveyancing will be more expensive.

My husband and I are first time buyers - agreed a price, but the agent told us that the owners will only issue a contract if we appoint the agent's preferred conveyancers as they need a ‘quick sale’. We would rather use a family solicitor accustomed to conveyancing in Stamford

It is highly unlikely the vendors are behind this. Should the vendor want ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to use your preferred Stamford conveyancing solicitors - rather thanthose that will provide the estate agent a commission or meet his conveyancing thresholds demanded by corporate headquarters.

What makes a Stamford lease problematic?

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

A provision to repair to or maintain elements of the premises A provision for the recovery of money spent for the benefit of another party.

You could have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Virgin Money, and Aldermore 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 is defective they may refuse to grant the mortgage, obliging the purchaser to pull out.

Leasehold Conveyancing in Stamford - Sample of Questions you should consider Prior to Purchasing

How is the lease structured? What is the the remaining lease term? You will want to find out as much as you can regarding the company managing the building as they can either make your life much easier or problematic. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical matters like the tidiness of the communal areas. Ask other tenants whether they are happy with them. In conclusion, find out the dates that the service fees are due to the relevant party and specifically what it includes.

Been on the hunt for a lawyer for leasehold sale conveyancing in Stamford. We are selling, simple no mortgage to pay off, no rush, no onward purchase. Had a quote from a conveyancing practitioner for a thousand pounds plus VAT which is a little high considering its so straightforward. Can I pay less for conveyancing in Stamford?

Considering it’s a sale only, £500 + VAT is likely to be about the lowest for sale conveyancing in Stamford.