It has come to my attention via my mortgage adviser that my Folkestone solicitor is not on the bank Solicitor panel. What can I do to be sure whether this is correct?
The sensible course of action for you to take is to call your Folkestone lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they may be able to suggest a Folkestone conveyancing practice that is on the approved list of lawyers for your bank.
Do the conveyancing lawyers listed on your site carry out auction conveyancing in Folkestone?
We know of a number of auction solicitors we can put you in touch with those who can conduct auction conveyancing. Folkestone is one of hundreds of areas of in which our lawyers have offices.
We are planning to buy with Melton Mowbray Building Society. We have called around locally yet am unable to find a Folkestone conveyancing firm on the Melton Mowbray Building Society panel. Can you assist?
You should make the most of the search tool on this site. Pick the lender and type Folkestone or your location and you will be presented with a number of lawyer offices in Folkestone or nearest you.
It has been three months following my purchase conveyancing in Folkestone completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. 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 premises 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.
Just had an offer accepted on a new build apartment in Folkestone. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Folkestone
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I own a leasehold house in Folkestone. Conveyancing and Coventry Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Folkestone who acted for me is not around. Any advice?
First make enquiries of HMLR to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Folkestone conveyancing firm to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a 1st floor flat in Folkestone, conveyancing formalities finalised 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Folkestone with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 levied per year. The lease comes to an end on 21st October 2090
With 65 years unexpired we estimate the premium for your lease extension to range between £13,300 and £15,400 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.