My friend's dad is a conveyancer. I suspect that I will receive mate’s pricing for conveyancing, However if that does not come through, what level of figure should I be expecting for conveyancing in Kent?
It’s a good idea to look for multiple conveyancing estimates. Make use of our search tool on this page. Whilst prices do vary but the service one can expect are distinct between property lawyers as is true with most professions.
I am due to exchange buying a house in Kent but as a consequence of wreckage from a small fire at the property I have managed to agree recompense from the seller of six thousand pounds in the form of a adjustment in the price. This was going to be addressed as part of a side agreement but Leeds Building Society will not permit this. Why were they involved?
The conveyancer that is on the Leeds Building Society approved list is obliged to inform Leeds Building Society of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to report the price change to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new conveyancing practitioner for your conveyancing in Kent.
My Conveyancer in Kent has never been on on the Platform Home Loans Ltd Approved Panel. Is it possible for me to continue with my family solicitor even though they are excluded from the Platform Home Loans Ltd panel?
Your options are as follows:
- Carry on with your preferred Kent solicitors but Platform Home Loans Ltd will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and result in delays.
- Get an alternative solicitor to act in the purchase, obviously checking they are on the Platform Home Loans Ltd panel
Should our lawyer be asking questions concerning flooding during the conveyancing in Kent.
Flooding is a growing risk for conveyancers dealing with homes in Kent. Plenty of people will purchase a property in Kent, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to impart advice on flood risk, but there are a numerous searches that may be initiated by the buyer or by their solicitors which will give them a better understanding of the risks in Kent. The standard property information forms given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the vendor to determine whether the premises has suffered from flooding. In the event that the residence has been flooded in past which is not notified by the vendor, then a buyer could bring a legal claim for losses stemming from an incorrect reply. A purchaser’s lawyers will also carry out an environmental search. This should disclose whether there is any known flood risk. If so, additional inquiries will need to be initiated.
Are there restrictive covenants that are commonly identified as part of conveyancing in Kent?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Kent. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Kent differ for new build properties?
Most buyers of new build or newly converted property in Kent come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because developers in Kent typically acquire the real estate, 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 property lawyers 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 Kent or who has acted in the same development.