Me and my fiance are buying a 2 bedroom flat in Clent with a mortgage. We have a Clent solicitor, but the bank says she’s not on their "panel". It seems we have little choice but to appoint one of the mortgage company panel solicitors or keep our Clent conveyancer and pay for one of their panel firms to act for them. We feel that this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: 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 Clent conveyancing lawyer to apply to be on the conveyancing panel.
My uncle passed away 10 months ago and as sole heir and executor I was left the property in Clent. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Given you plan to refinance then Kent Reliance will insist on your using a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
What can a local search inform me concerning the house we're buying in Clent?
Clent conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search is essential in every Clent conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search will supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
The deeds to our house are lost. The solicitors who handled the conveyancing in Clent 4 years ago have long since closed. Will I be able to sell the house?
Assuming you have a registered title the information relating to your ownership will be retained by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, identify your property and order up to date copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
Hoping to buy a property located in Clent and I am already nervous. I couldn't find anything specific about Clent. Conveyancing will be needed in due course but do you know about the Clent area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Clent. In the meantime here are some basic statistics that we found
I would like to let out my leasehold apartment in Clent. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Even though your last Clent conveyancing lawyer is no longer available you can review your lease to check if it allows you to sublet the premises. The rule is that if the deeds are non-specific, subletting is allowed. Quite often there is a prerequisite that you are obliged to seek consent via your landlord or other appropriate person in advance of subletting. This means that you cannot sublet without prior consent. The consent should not be unreasonably withheld. If your lease does not allow you to sublet you will need to ask your landlord if they are willing to waive this restriction.
I bought a garden flat in Clent, conveyancing having been completed 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Clent with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 levied per year. The lease comes to an end on 21st October 2075
With only 50 years remaining on your lease we estimate the price of your lease extension to span between £31,400 and £36,200 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.