My apartment in Tunbridge Wells is up for sale and I have a buyer. Will my conveyancer need to be on the Nottingham conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
How does conveyancing in Tunbridge Wells differ for newly converted properties?
Most buyers of new build or newly converted property in Tunbridge Wells approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Tunbridge Wells usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tunbridge Wells or who has acted in the same development.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Tunbridge Wells I like with open areas and transport links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Tunbridge Wells for this price, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce 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 at least 2 years you can ask them to start the process of the extension and pass 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 lawyer regarding this matter.
What makes your site different to other online quote calculators when it comes to conveyancing in Tunbridge Wells?
At this site get a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Tunbridge Wells. Unlike many estate agents and many comparison sites we do not operate kick-back deals with solicitors. A large number of agents and online brokers 'recommend' the firm that pays the highest per referral, as opposed to the best value conveyancing in Tunbridge Wells
In my capacity as executor for the estate of my grandfather I am selling a property in Monmouth but reside in Tunbridge Wells. My solicitor (who is 250 miles from meneeds me to execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing lawyer in Tunbridge Wells to witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Tunbridge Wells based
My wife and I purchased a leasehold house in Tunbridge Wells. Conveyancing and Nationwide Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Tunbridge Wells who acted for me is not around. Any advice?
First contact HMLR to make sure that this person is in fact the new freeholder. It is not necessary to instruct a Tunbridge Wells conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Tunbridge Wells Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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Are there any major works in the planning that will increase the maintenance fees? Who takes responsibility for maintaining and repairing the building? What restrictions are contained in the Tunbridge Wells Lease?