As someone not used to conveyancing in Tenterden what’s the number one tip you can impart for the home moving process in Tenterden
You may not hear this from too many lawyers but conveyancing in Tenterden or throughout Kent is often a confrontational experience. Put another way, when it comes to conveyancing there exists an abundance of room for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, selling agent and on occasion a bank. Selecting a law firm for your conveyancing in Tenterden is a critical decision as your conveyancer is your adviser, and is the SOLE person in the transaction whose role it is to protect your legal interests and to protect you.
We are witnessing a distinct creep in the "blame" culture- someone has to be blamed for the process being so protracted. We recommend that you your first instinct should be to trust your lawyer ahead of all other parties in the conveyancing process.
My solicitor has informed me that restrictive coveneant insurance is needed on my purchase. What is the level of cover for Tenterden conveyancing?
The right level of restrictive coveneant indemnity insurance depends on your lender. It would differ for example between Santander and Coventry Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
is it true that all Tenterden solicitor practices on the Barclays conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Barclays conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel and in such a situation the organisation would be regulated by the CLC.
I have a mortgage with Co-operative for my property in Tenterden. Conveyancing was finalised months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Co-operative?
Your original mortgage agreement with Co-operative will provide that you need their approval in advance of renting your property as this is likely to be a breach of Co-operative’s mortgage conditions. It may be that Co-operative will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Co-operative directly. It should not be necessary to do this via a Co-operative conveyancing panel solicitor.
I have been told that property searches are the main reason for delay in Tenterden conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Tenterden.
I used Stirling Law several years past for my conveyancing in Tenterden. Now, I need my files but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Tenterden of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been advised by a couple of local selling agents in Tenterden to get a quote from a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to offer your lawyers over a competitor’s?
We don’t offer any commission for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
What advice can you give us when it comes to appointing a Tenterden conveyancing practice to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Tenterden conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you talk with two or three firms including non Tenterden conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be helpful:
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How many lease extensions has the firm carried out in Tenterden in the last 12 months?
Leasehold Conveyancing in Tenterden - A selection of Queries Prior to buying
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Is anyone aware of any major works in the near future that will likely add a premium to the service costs? How long is the Lease? Generally speaking the cost for major works tend not to be included within service charges, although a few managing agents in Tenterden ask leaseholders to pay into a reserve fund created for the specific intention of establishing a fund for larger works.