I can't travel far from Stratford. I would like to know the reason why all Stratford property lawyers are not on all bank panels?

Even though it may seem unfair for lenders to restrict who can act for them, from the public’s or solicitor’s standpoint, the flip side is that banks are becoming ever more anxious and regard it necessary to protect them against mortgage fraud. As a consequence of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.

Do I have to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Stratford so that I can pop in to their offices when needed.

As opposed to 15 years ago, most banks no longer oblige their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to hand over identification documents and there are still distinct advantages to choosing a local ayer, in your case a conveyancing solicitor in Stratford.

What makes your site different to other web based conveyancing solicitors for conveyancing in Stratford?

At this site obtain a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Stratford. As opposed to estate agents and many comparison sites we do not charge firms a fee if you instruct them for your property ownership legalities in Stratford

Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £125,000 garden flat in Stratford next week. The landlords agents has quoted £300 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Stratford?

Stratford conveyancing on leasehold maisonettes usually involves fees being invoiced by landlords agents :

Completing pre-exchange enquiries Where consent is required before sale in Stratford Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Stratford leasehold premises is £350. For Stratford conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.

After years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Stratford. Can we issue an application to the Residential Property Tribunal Service?

in cases where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the LVT to determine the amount due.

An example of a Freehold Enfranchisement matter before the tribunal for a Stratford flat is 12 Nutfield Road in July 2014. the Tribunal judged that the price to be paid by the applicants for the freehold interest should be £19,572 This case was in relation to 2 flats. The unexpired residue of the current lease was 72.02 years.

We are planning to purchase a 2 room housein Stratford with a loan from a bank. We like our solicitor in Stratford however our mortgage company advise he's not on their "panel". It seems we have little choice but to instruct from the our lender panel firms or stay with our Stratford conveyancer and incur the extra costs for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that our mortgage company use our Stratford lawyer?

Unfortunately,no. The bank home loan issued is subject to conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. Until recently, most mortgage companies had large numbers of law firms on their panels, including almost all conveyancing solicitors in Stratford : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your lender.