I can't travel far from Meopham. What is the rationale as to why all Meopham property lawyers aren't automatically on all bank panels?
Even though it may seem unfair for banks to limit who can act for them, from the public’s or lawyer’s viewpoint, the other side of the coin is that mortgage companies are becoming ever more anxious and consider it imperative to protect them from illegal activities. As a result of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
Do the conveyancing practitioners identified through your search tool conduct auction conveyancing in Meopham?
There are a number of auction lawyers we can put you in touch with those specialising in auction conveyancing. Meopham is one of our areas of in which our lawyers have a presence.
I have been on the look out for a ground for flat up to £195,000 and identified one close by in Meopham I like with a park and transport links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Meopham suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the shortness of the lease will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you may request that they start the process of the extension 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 consult your conveyancing lawyer regarding this matter.
What makes your site different to other web based conveyancing solicitors for conveyancing in Meopham?
At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Meopham. As opposed to estate agents and brokerage sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the most commission, not the best value conveyancing in Meopham
I am attracted to a couple of maisonettes in Meopham both have approximately forty five years unexpired on the leases. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease shortens the marketability of the lease deteriorates and it becomes more expensive to extend the lease. This is why it is generally wise to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional help from a solicitor and surveyor with experience in this field.
Meopham Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
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Are any of leasehold owners in arrears of their service charge payments? Many Meopham leasehold apartments will incur a service charge for maintenance of the building levied on behalf of the management company. Should you buy the flat you will have to meet this contribution, normally periodically during the year. This can be anything from two or three hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge for you to pay annual, ordinarily this is not a large amount, say around £50-£100 but you need to enquire it because sometimes it could be prohibitively expensive.
Would local authority consent be required to convert a single dwelling into two appartments in Meopham? This has taken place to a property next door to a friend in Meopham and was not aware of it happening until after the works were finished.
Planning permission is required for converting a single house in Meopham into flats but probably not for converting once again to single dwelling-house so, in answer to your question, yes.