I am hoping to receive a mortgage offer from Lloyds. I intend to instruct a Licensed Conveyancer in Stepney. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?

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

When will exchange of contracts occur in sale conveyancing in Stepney and do I need to attend the solicitors office?

If you are near to our conveyancing solicitors in Stepney you are invited in to sign contracts. That being said, the lender approved solicitors we work with provide countrywide coverage for conveyancing and give just as diligent and professional a job for you when communicating with you electronically. The executing of the purchase agreement is not when everything is set in stone. Signing on the dotted line is necessary for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Stepney)to be in the office available at the end of the phone to exchange contracts.

My bid for a property was accepted at auction in Stepney. Conveyancing is necessary. What happens now?

Now that you are for in every practical sense signed on the dotted line you now have to hire the services of a conveyancing practitioner as a matter of urgency as you will have a tight a fixed date to complete the conveyancing. An auction property will have a bespoke auction pack. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the legal papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You must give this to the solicitor instructed by you ASAP. You also need to ensure that your finances are organised to complete the transaction on the set completion date.

Can you point me to a directory of panel conveyancers in Stepney on the UK Finance Lenders’ Handbook Website?

Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few lending institutions make their panel listings available on the web. Where you are looking for a Stepney on the please use our tool.

About to purchase maisonette in Stepney. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Stepney is on the conveyancing panel.

As co-executor for the estate of my aunt I am selling a house in Swansea but reside in Stepney. My lawyer (who is 200 miles awayhas requested that I sign a stat dec prior to completion. Could you suggest a conveyancing practitioner in Stepney who can witness this legal document for me?

Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Stepney

I own a leasehold house in Stepney. Conveyancing and mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Stepney who previously acted has long since retired. Do I pay?

First make enquiries of HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Stepney conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Stepney Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to buying

How many of the leaseholders are in arrears for their maintenance charge payments? Who is in charge of the block? Plenty Stepney leasehold flats will have a service charge for the upkeep of the building set by the management company. Should you buy the flat you will have to meet this liability, usually in instalments throughout the year. This could vary from two or three hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. There will also be a rentcharge for you to pay annual, ordinarily this is not a exorbitant figure, say around £50-£100 but you should to enquire it because occasionally it could be prohibitively expensive.