We were about to retain a conveyancing solicitor in Stilton endorsed using your search tool but have come across alternative fee calculations on the internet look less expensive – how come?

One can find numerous conveyancers marketing theoretically looks to be cut price. We would urge you to give due consideration about how important this transaction is to you that want to take 'cheap' risks concerning the quality of the legal work. Some hide additional charges well inside the terms and conditions. The law firms that we put forward for conveyancing in Stilton will notbehave this way.

I am under pressure from the mortgagee in possession of a property in Stilton to sign contracts within four weeks. What can I do to accelerate the legal process?

First, If the seller is applying pressure for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will make use of local contacts and insight. It is even conceivable that they may have handled previousproperties in the same road. Therefore consider using a Stilton conveyancing firm. In addition, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that nearly one in five of Stilton conveyancing deals are frustrated or jeopardised after finding out that a buyer’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the home move being frustrated by almost three weeks. It is estimated that this issue affects approximately 100,000 home sales every year. Almost all Stilton conveyancing firms can not act for certain lenders so do check at the outset.

2 months have gone by since my purchase conveyancing in Stilton concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 asset 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.

I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Stilton is the location of the property. Is there any advice you can give?

Flying freeholds in Stilton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stilton you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stilton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

My wife and I have had DIP from Nationwide Building Society who indicated that they will loan up to £350k. When do we need to appoint a practitioner for conveyancing? Stilton is where we plan to move to.

It would be wise to appoint a conveyancing practitioner now so that the property lawyer can open the file so they can commence their ID checks etc. If and when you wish them to start work you will be asked for a deposit usually about £200. That should normally be once you have the loan offer from the bank and survey back, however should you want to expedite the process you can get going sooner even though you may be risking some expense.