My friend's step-father is a conveyancing practitioner. I expect that I will receive mate’s rates for conveyancing, but if not, what level of figure would I typically be looking at for conveyancing in Royal Tunbridge Wells?
You should contrast pricing. Make use of our comparison tool on this page. Whilst charges may be different but the service one can expect are distinct between law firms as is the case with the vast majority of professional services.
In what way does my ID and proof of funds have anything to do with my conveyancing in Royal Tunbridge Wells? Is this really necessary?
Royal Tunbridge Wells conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under money laundering regulations to check the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified identification; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement less than 3 months old).
Evidence of source of monies is also required in compliance with the money laundering regulations as lawyers are duty bound to investigate that the monies you are using to buy a property (whether it be the deposit for exchange or the full purchase monies if you are a cash purchaser) has come from legitimate source (such as employment savings) as opposed to the proceeds of criminal activity.
A colleague suggested that if I am buying in Royal Tunbridge Wells I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Royal Tunbridge Wells conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Royal Tunbridge Wells around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Royal Tunbridge Wells.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Royal Tunbridge Wells is where the house is located. Can you offer any assistance?
Flying freeholds in Royal Tunbridge Wells are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Royal Tunbridge Wells you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Royal Tunbridge Wells may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Swansea but reside in Royal Tunbridge Wells. My solicitor (who is 260 kilometers awayrequires that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Royal Tunbridge Wells to witness this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Royal Tunbridge Wells based
Can you offer any advice when it comes to choosing a Royal Tunbridge Wells conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a Royal Tunbridge Wells conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Royal Tunbridge Wells conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
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How many lease extensions have they completed in Royal Tunbridge Wells in the last 12 months? What are the legal fees for lease extension work?
I inherited a basement flat in Royal Tunbridge Wells, conveyancing was carried out in 2003. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Royal Tunbridge Wells with over 90 years remaining are worth £165,000. The ground rent is £50 invoiced every year. The lease ceases on 21st October 2101
You have 77 years remaining on your lease we estimate the price of your lease extension to range between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.