I am hoping to receive a mortgage offer from Lloyds. I intend to enlist the help of a Licensed Conveyancer in Stanstead Abbotts. Does the Lloyds Solicitor panel allow for conveyancers regulated by the CLC?

The Lloyds conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

Can conveyancing in Stanstead Abbotts to be done within a month?

In a situation where the seller is applying pressure to exchange we would recommend that your solicitor is familiar with the area as they will benefit local contacts and insight. It is even conceivable that they may have conducted otherhouses in the same street. Therefore consider using a Stanstead Abbotts conveyancing firm. Second, ensure that the conveyancing firm is on the member panel. It is understood that just under twenty per cent of Stanstead Abbotts conveyancing transactions are delayed or derailed after discovering a purchaser’s lawyer was not on their mortgage lender’s list of approved solicitors. In many cases this discovery resulted in the conveyancing being frustrated by almost 21 days. It is estimated that this issue impacts approximately 100,000 home moves annually. Most Stanstead Abbotts conveyancing practices can not act for certain mortgage companies so do check as early as possible.

2 months have gone by following my purchase conveyancing in Stanstead Abbotts concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Stanstead Abbotts differ for new build properties?

Most buyers of new build premises in Stanstead Abbotts approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Stanstead Abbotts typically buy the site, 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 property lawyers 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 Stanstead Abbotts or who has acted in the same development.

We are in the process of acquiring a flat in Stanstead Abbotts. Could the conveyancing practitioner have the amount we are are buying for private from sites such as Rightmove. Is this possible and how?

The Land Registry as a matter of law bound to reveal price sold data on the official title for residential properties nationwide which includes premises in Stanstead Abbotts. The register of title is an open document, so HM Land Registry would be breaching their statutory duty excluded specific homes such as the one in Stanstead Abbotts.

You can ask HM Land Registry to withhold the price paid entry however the response would be a No.