Souldusing a Folkestone conveyancing practitioner make the ownership transfer smoother?
Folkestone is a special area, where local know-how helps. The laid-back lifestyle has an upside – just not for your house move. The solicitors that we list display specialist Folkestone know how with a proactive, can doapproach that helps everything runs smoothly. It is a distinct advantage if they enjoy good relationships with mortgage brokers, search providers, surveyors and counterpart Folkestone conveyancing solicitors
I purchased a freehold property in Folkestone yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Folkestone and has limited impact for conveyancing in Folkestone but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
I have been told that property searches are a common cause of delay in Folkestone conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Folkestone.
I am looking for a ground for flat up to £245,000 and identified one close by in Folkestone I like with open areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Folkestone in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan that many years will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
I'm converting the mortgage on my current house to a BTL mortgage with Clydesdale and I will use the ballance of the raised equity as a deposit on further house. The location we are interested in is Folkestone. Will your solicitors be able to act for the two lenders and link together the transactions?
Make use of our search tool on this page to check that the solicitors are on the appropriate lender panels. Having checked that they are your solicitor should be able to tie up the two deals but you should talk with you conveyancer and make apparent your expectations and requirements.
Am I best advised to go with a Folkestone conveyancing lawyer in close proximity to the house I am purchasing? I have an old university friend who can deal with the conveyancing however his firm is located approximately 350kilometers drive away.
The benefit of a high street Folkestone conveyancing practice is that you can pop in to execute paperwork, present your ID and pester them where appropriate. Having local Folkestone know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and they were content that should outweigh using an unknown Folkestone conveyancing solicitor just because they are local.