As someone unfamiliar with conveyancing in Faversham what is the number one tip you can impart for the home moving process in Faversham
You may not hear this from too many lawyers but conveyancing in Faversham or throughout Kent is often a confrontational experience. In other words, when it comes to conveyancing there is lots of opportunity for conflict between you and others involved in the house moving process. For instance, the seller, estate agent and sometimes your bank. Appointing a law firm for your conveyancing in Faversham is a critical decision as your conveyancer is your adviser, and is the ONE party in the transaction whose responsibility is to look after your best interests and to protect you.
Every so often a potential adversary may attempt to convince you that it is in your interests to do things their way. For instance, the estate agent may claim to be assisting by suggesting your lawyer is wrong. Or your mortgage broker may tell you to do take action that is against your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
My aunt passed away six months ago and as sole heir and executor I was left the house in Faversham. The house had a relatively small loan remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
If you plan to re-mortgage then Skipton will insist on your using a conveyancer on the Skipton 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 Skipton 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 Skipton mortgage is registered as a charge at the Land Registry.
I used Wolstenholmes a few years past for my conveyancing in Faversham. I now require my papers however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Faversham of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Faversham differ for new build properties?
Most buyers of new build residence in Faversham contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Faversham usually purchase 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 conveyancing solicitors 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 Faversham or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Faversham ahead of retaining solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may not grant a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you e-mail us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Faversham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Faversham to see if the conveyancing costs will increase in light of this.
My step-father has encouraged me to appoint his conveyancers in Faversham. Should I choose my own property lawyer?
There are no two ways about it it’s preferable to select a conveyancing solicitor is to have referrals from friends or family who have experience in using the firm that you are contemplating using.