Me and my partner are acquiring our first house. The solicitor has contact usto check if we wish to purchase extra conveyancing searches. We are really unsure what's needed for conveyancing in Margate
The extent of Margate conveyancing searches depends primarily on the premises, the location, the probability of any of these risks, your knowledge of the region and risks, your overall approach to risk. What matters is that you adequately appreciate what information the searches could supply. You may then decide if you consider that you need that information. Where you are uncertain, ask your solicitor to advise.
I am assisting my step-mother sell her property in Margate. Does the solicitor commission the EPC or it is for the seller to coordinate?
Following the abolition of Home Packs, energy assessments remained a mandatory part of selling a property. An EPC should be to hand before the property is marketed. It is not a task that law firms normally organise. If you are using a Margate conveyancing solicitor they might help arrange energy assessments given their contacts with reputable Margate accredited person
Can you help - my lawyer advises that flying freehold insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Margate?
The right level of flying freehold indemnity insurance depends on who your lender is. It would differ for example between Yorkshire Building Society and Norwich and Peterborough Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
My offer was accepted on an apartment in Margate on 24/3/2025, valuation was booked five days after, received a clean bill of health. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Are TSB entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have justbecome aware that Wolstenholmes have closed. They carried out my conveyancing in Margate for a purchase of a freehold house 10 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest way to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Margate conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Margate. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Margate
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
We are 3 weeks into a freehold purchase having been referred to conveyancers by the high street agent to execute conveyancing in Margate. I am not happy. Can you you assist me in finding new solicitors?
They would need to be really bad to suggest diss instructing them. Has your mortgage offer been issued? If so you must make them aware of the new conveyancer and have the loan are re-issued. Your conveyancer needs to be on the banks approved list to avoid escalating fees and complications. So that should be your starting point. The find a solicitor tool should help you find a lender approved conveyancer for your conveyancing in Margate
There are only 68 years unexpired on my lease in Margate. I now want to extend my lease but my landlord is can not be found. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to demonstrate that you have made all reasonable attempts to locate the freeholder. For most situations an enquiry agent would be helpful to conduct investigations and to produce an expert document to be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer both on proving the landlord’s disappearance and the application to the County Court overseeing Margate.
I bought a studio flat in Margate, conveyancing having been completed in 1995. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Margate with an extended lease are worth £180,000. The ground rent is £65 per annum. The lease terminates on 21st October 2083
You have 58 years left to run the likely cost is going to span between £22,800 and £26,400 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.