Having been suggested to visit your service we were about to appoint conveyancing solicitor in Folkestone listed on your site but stumbled across some other costs illustrations on the internet seem less expensive – how come?
One can find plenty of firms promoting alleged cut-price conveyancing, yet more often than not supplementalcharges result in the completion fee being inflated. According to the Legal Ombudsman fees set out in terms of business should be transparent and reasonable and be applied The conveyancers that we list for conveyancing in Folkestone specify all costs for a residential conveyancing case.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Folkestone?
Two types of professional can carry out conveyancing in Folkestone namely licenced conveyancers or solicitors. Both professionals handle the legal services that required to complete the sale or purchase of property. They are both duty bound to handle Folkestone conveyancing to the same standards and guidelines so you can be sure that your conveyancing will be professionally conducted and that all necessary steps will be accurately followed.
We have a mortgage agreed in principle with Kent Reliance. Folkestone conveyancing practitioners were appointed. How long does it take for Kent Reliance to issue the offer to the lawyer?
There is no definitive answer here. Have Kent Reliance completed the valuation? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Clydesdale have agreed my home loan in principle, my bid on a flat in Folkestone has been agreed to, what are the next steps?
The estate agent will want to know who your solicitors are (ensure that the conveyancing practitioners are on the bank’s panel). Telephone Clydesdale or the broker and finalise any outstanding forms. Clydesdale will sellect a valuer who will get in contact with the estate agent or vendor to arrange a time for the valuation to occur. Once conducted (assuming no problems) it takes about ten days to get a mortgage offer. Clydesdale will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Folkestone.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Folkestone?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Folkestone. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Folkestone differ for new build properties?
Most buyers of new build premises in Folkestone approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Folkestone usually purchase the real estate, 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 conveyancers 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 Folkestone or who has acted in the same development.
I'm remortgaging my current property to a buy to let loan with TSB and I will use the ballance of the raised equity towards another property. The area we are interested in is Folkestone. Will your solicitors be able to act for the two banks and tie in the conveyances?
Do use our comparison tool on this site to ensure that the solicitors are approved by both banks. On the basis that they are the conveyancer will be able to connect the two deals but you should talk with you lawyer and communicate your expectations and needs.
I’m about to sell my ground floor flat in Folkestone.Conveyancing is yet to be initiated but I have recently had a yearly maintenance charge demand – Do I pay up?
The sensible thing to do is discharge the service charge as you normally would as all rents and maintenance payments will be apportionedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process