Our grandson is about to exchange on a newly built flat in Royal Tunbridge Wells with a mortgage from Kent Reliance. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Kent Reliance conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
What is the first thing I need to know about purchase conveyancing in Royal Tunbridge Wells?
You may not hear this from too many lawyers but conveyancing in Royal Tunbridge Wells and elsewhere in Kent is an adversarial process. In other words, when it comes to conveyancing there exists an abundance of room for confrontation between you and other parties involved in the transaction. For instance, the vendor, property agent and even potentially your mortgage company. Appointing a solicitor for your conveyancing in Royal Tunbridge Wells is a critical decision as your conveyancer is your adviser, and is the ONE person in the legal process whose role it is to look after your best interests and to keep you safe.
Every so often a third party with a vested interest may attempt to sway you that it is in your interests to do things their way. For instance, the estate agent may claim to be helping by claiming that your lawyer is dragging his heels. Or your mortgage broker may try to convince you to do something that is contrary to your lawyers advice. You should always trust your lawyer above all other parties in the home moving process.
It has been three months since my purchase conveyancing in Royal Tunbridge Wells completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Royal Tunbridge Wells is where the house is located. What do you suggest?
Flying freeholds in Royal Tunbridge Wells are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Royal Tunbridge Wells you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Royal Tunbridge Wells may decide 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.
My business partner and I are wishing to take over a lease of an office on a shopping parade. Can you recommend conveyancers offering competitive charges for commercial conveyancing in Royal Tunbridge Wells for below 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Royal Tunbridge Wells, including the disposal and purchase of businesses as well as simply property. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. Regarding the charges these will vary based on the structure and terms of the proposed transaction. Let us have your details or call so as to enable us to provide you with a fixed commercial conveyancing quote.
To what extent are Royal Tunbridge Wells conveyancing solicitors under an obligation to the Law Society to publish transparent conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are prescriptive rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Royal Tunbridge Wells or beyond.