I am hoping to move into my new home in Aylesford next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What does the insurance need to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These obligations are not limited to conveyancing in Aylesford.
Can I use your services to recommend a Conveyancing solicitor in Aylesford even if I’m not purchasing or disposing of a house, for example where I wish to acquire a shop in Aylesford with a loan from Chelsea Building Society?
The service is primarily there to find residential conveyancing solicitors in Aylesford but we have set out at the end of this page a selection of Aylesford commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Chelsea Building Society
I am assisting my aunt sell her house in Aylesford. Will the solicitor commission an energy assessment or do I organise this?
Following the demise of HIPs, energy assessments was left as a mandatory part of moving property. An EPC needs to be to hand prior to the property being marketed. This is not a task that lawyers normally organise. Where you are using a Aylesford conveyancing lawyer they may be able to arrange EPC’s given their contacts with long established Aylesford assessors
Have just purchased a probate house at auction in Aylesford. Conveyancing is necessary. What are my next steps?
Now that you have exchanged you must hire the services of a conveyancing practitioner as a matter of priority as you now have a fast approaching a drop dead date to complete the purchase. An auction property should have a bespoke legal pack. This will likely include most,if not all of the paperwork that your lawyer requires. In the case of leasehold premises the auction pack should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must pass this on to your appointed conveyancing solicitor as soon as possible. Do make sure that you have funds organised to complete the transaction on the set completion date.
After months of negotiation I have agreed a price on a house in Aylesford. My mortgage broker recommended their conveyancers. I paid an on account payment of £225. Soon after, the lawyer contacted me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My partner and I are downsizing from our house in Aylesford and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A high street Aylesford conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed an internet conveyancing outfit rather than a conveyancing solicitor in Aylesford. Having lived in Aylesford for six years we know that this is a non issue. Should we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Aylesford I like with open areas and railway links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Aylesford suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I've found a house that seems to meet my requirements, at a great figure which is making it more attractive. I have just found out that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Aylesford. Conveyancing lawyers have are soon to be instructed. Will they explain the issues?
Most houses in Aylesford are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Aylesford so you should seriously consider shopping around for a Aylesford conveyancing practitioner and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’spermission to conduct alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your lawyer will appraise you on the various issues.
Aylesford Leasehold Conveyancing - Examples of Queries before Purchasing
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For many Aylesford leaseholds the cost for major works tend not to be included within service charges, although a few managing agents in Aylesford require tenants to pay into a reserve fund created for the specific intention of establishing a fund for larger repairs or maintenance. The answer will be important as a) areas can cause problems for the block as the communal areas may start to deteriorate if services remain unpaid b) if the tenants have a dispute with the running of the building you will wish to have full disclosure