How do I identify leasehold conveyancing in Tunbridge Wells?
Option 1 is to ask connections whom they would seek assistance from.
Second, use a search tool on the web for conveyancing in Tunbridge Wells. Phone a couple or more firms from the list and request that they send you their conveyancing quote and discuss your needs with the solicitor who will oversee the legal process ahead ofmaking your choice.
Third is to make use of this site to help you find the right lawyers for you based on your own factors including location,deadlines, complications and who your intended mortgage company is. Resist the temptation to opt for ninety nine pound conveyancing in Tunbridge Wells
Is there a reason why leasehold purchase conveyancing in Tunbridge Wells is more expensive?
Tunbridge Wells leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
What is the optimum way to check that the solicitor carrying out my conveyancing in Tunbridge Wells is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus spending £187.00 plus VAT in another set of conveyancing invoice.
Please do take advantage of the find a lender approved solicitor tool on this page. Pick the lender and type ‘Tunbridge Wells’ or your preferred area and you will be presented with a number of lawyer offices in Tunbridge Wells or near you.
There is lots of information on this site about conveyancing in Tunbridge Wells but can you isolate your top tip for choosing the right conveyancer in Tunbridge Wells
It would be unwise to be swayed by the cheapest Tunbridge Wells conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We are getting a further advance on our home loan from Virgin Money as we want to conduct renovations to our house in Tunbridge Wells. Are we obliged to appoint a nearby Tunbridge Wells solicitor on the Virgin Money conveyancing panel to deal with the legals?
Virgin Money would not normally appoint firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money list.
I can not work out if my lender requires a lease extension. I have called my Tunbridge Wells building society branch on a couple of occasions and was told they are content with the situation and they will lend. My Tunbridge Wells conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
The solicitor has to follow the Council of Mortgage Lenders’ Handbook section two conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
It has been three months since my purchase conveyancing in Tunbridge Wells completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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.
I was advised by a few property agents in Tunbridge Wells to find a conveyancer on your site. What’s the financial upside for Estate Agents to promote your services over and above a competitor’s?
We don’t make any commission for directing people our way. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.