My IFA requires my Rainham Kent solicitor’s panel member for the HSBC conveyancing panel. Can you suggest how I find this out. I have tried my local Rainham Kent office but they have not responded to me.
Have you tried contacting your Rainham Kent lawyer about this?. They retain a central record lender panel numbers.
My brother-in-law has suggested I instruct a conveyancing solicitor in Rainham Kent. I need to find out if they are accepted on the Bank of Scotland approved list of lawyers. Can you or the lender confirm if they are on the panel?
You should contact your lawyer and ask them if they are on the lender panel. Alternatively you can call Bank of Scotland who may be able to confirm.
Forgive me if this question is silly but I am unseasoned as a first time purchaser of a ground floor flat in Rainham Kent. Do I pick up the keys to the premises on completion from my lawyer? If so, I will use a local conveyancing solicitor in Rainham Kent?
On the day of completion you do not need to go to the conveyancers office in Rainham Kent. Conveyancing lawyers for you will arrange to send the completion advance to the owner’s lawyers, and once they have received this, you will be invited to pick up the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
My stepmother advised me that in purchasing a property in Rainham Kent there may be various restrictions as to what one can do in terms of external changes to a property. Is this right?
There are anumerous of properties in Rainham Kent which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Rainham Kent should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I purchasing a end of terrace house in Rainham Kent. Our aim is to carry out a loft conversion at the house.Will legal due diligence on the property include investigations to ascertain if these alterations are prohibited?
Your conveyancer should check the registered title as conveyancing in Rainham Kent will sometimes reveal restrictions in the title documents which prevent certain works or necessitated the consent of another owner. Many works need local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
I know that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a house in Rainham Kent? or Apparently there is historic law that means some house owners residing in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this relevant for conveyancing in Rainham Kent?
Unless a previous acquisition of the property completed after 12 October 2013 you may expect lawyers handling conveyancing in Rainham Kent to remain recommending a chancel search and or chancel repair liability insurance.
I have been on the look out for a flat up to £305k and identified one near me in Rainham Kent I like with a park and transport links in the vicinity, however it only has 51 remaining years left on the lease. There is not much else in Rainham Kent suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I am a negotiator for a long established estate agent office in Rainham Kent where we see a number of leasehold sales derailed due to short leases. I have been given contradictory information from local Rainham Kent conveyancing solicitors. Can you clarify whether the vendor of a flat can commence the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I invested in buying a 1 bedroom flat in Rainham Kent, conveyancing formalities finalised 3 years ago. How much will my lease extension cost? Corresponding flats in Rainham Kent with over 90 years remaining are worth £185,000. The ground rent is £65 yearly. The lease terminates on 21st October 2085
You have 60 years left to run the likely cost is going to be between £20,000 and £23,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.