Can your site be used to recommend a Conveyancing solicitor in Romney even where I’m not buying or disposing of a house, for example where I intend to buy an office in Romney with a mortgage from Birmingham Midshires?
Our search tool is mainly there to find domestic conveyancing solicitors in Romney but we have listed at the end of this page a few Romney commercial conveyancing firms. You will need to make contact with the firm directly to establish if they can also act for Birmingham Midshires
We are buying a 3 bedroom semi in Romney. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve enquiries to ascertain if these alterations are prohibited?
Your solicitor will check the deeds as conveyancing in Romney can sometimes identify restrictions in the title documents which prevent categories of alterations or necessitated the consent of a 3rd party. Some extensions 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 impact extensions. You should check these issues with a surveyor ahead of any purchase.
I'm the sole recipient of my late mum's estate with all property in now in my sole name, including the house in Romney. Conveyancing formalities meant that the Land Registry date was in April. I want to move. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership will be treated the same way as though I had purchased the property in April. Will no one buy the property for half a year?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. How practical a view lenders take of it, depend on the lender as this provision primarily exists to capture subsales or the flipping of property.
My partner and I have organised the release of further funds on our home loan from UBS as we intend to carry out alterations to our home in Romney. Do we need to choose a nearby Romney solicitor on the UBS conveyancing panel to deal with the legals?
UBS would not normally appoint firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS list.
Are there restrictive covenants that are commonly identified during conveyancing in Romney?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Romney. 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…’
I have been on the look out for a ground for flat up to £235,500 and identified one close by in Romney I like with open areas and transport links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Romney suitable, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage that many years will be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
What makes a Romney lease defective?
There is nothing unique about leasehold conveyancing in Romney. All leases are unique and legal mistakes in the legal wording can sometimes mean that certain sections are erroneous. For example, if your lease is missing any of the following, it could be defective:
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A provision for the recovery of money spent for the benefit of another party. Maintenance charge proportions which don’t add up to the correct percentage
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Bank of Scotland, and Nottingham Building Society all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to withdraw.
Romney Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
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The answer will be helpful as a) areas may cause problems for the building as the common areas may begin to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to have complete disclosure Does the lease contain onerous restrictions? Who manages the building?
When it comes to my conveyancing in Romney should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Romney conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.