Do I select a Licenced Conveyancer or Solicitor for conveyancing in Ashford Kent?
There are many recorded licenced Conveyancers in Ashford Kent and Solicitor practices in Ashford Kent offering conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. The two can deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I have a mortgage with Lloyds for my property in Ashford Kent. Conveyancing has been completed 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 buy-to-let mortgage or inform Lloyds?
You must advise Lloyds prior to letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. It may be that Lloyds will permit you to let 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 Lloyds directly. You need not do this via a Lloyds conveyancing panel lawyer.
I am selling my house. I had a double glazing fitted in December 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Skipton are being a right pain. The Ashford Kent solicitor who is on the Skipton conveyancing panel is recommending indemnity insurance as a solution but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I used Stirling Law several years past for my conveyancing in Ashford Kent. Now, I need the documents but the law firm is no longer operating. What do I do?
Do call 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 Ashford Kent of the conveyancing firm of solicitors you previously instructed, 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 on the look out for a leasehold apartment up to £245,000 and identified one near me in Ashford Kent I like with open areas and transport links in the vicinity, however it's only got 52 years on the lease. There is not much else in Ashford Kent suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage that many years will be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I'm refinancing my existing home to a buy to let mortgage with Halifax and I will use the ballance of the raised equity towards a second property. The area we are looking at is Ashford Kent. Will your solicitors be able to act for the two banks and link together the transactions?
Make use of our search tool on this page to be sure that the solicitors are on the appropriate lender panels. On the basis that they are the lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and communicate your expectations and requirements.
In surfing the world wide web for the phrase on line conveyancing in Ashford Kent it reveals many solicitorslocally. How do I determine which is the suitable solicitor for me?
The preferential way of finding a suitable conveyancer is via personal referral, so seek the opinion of colleagues and family who have bought a property in Ashford Kent or a reputable estate agent or mortgage broker. Costs for conveyancing in Ashford Kent differ, so it's sensible to obtain at least three costs illustrations from different property lawyers. Make sure that you clarify that the costs are guaranteed not to rise.
I am looking at a couple of maisonettes in Ashford Kent which have approximately fifty years unexpired on the lease term. Do I need to be concerned?
There are plenty of short leases in Ashford Kent. The lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the saleability of the lease decreases and results in it becoming more expensive to acquire a lease extension. This is why it is advisable to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this field.
I own a leasehold flat in Ashford Kent, conveyancing having been completed 7 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Ashford Kent with a long lease are worth £190,000. The ground rent is £65 invoiced every year. The lease comes to an end on 21st October 2086
With just 62 years unexpired we estimate the premium for your lease extension to span between £17,100 and £19,800 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.