Can I use your services to recommend a Conveyancing solicitor in Isle of Sheppey even if I’m not purchasing or disposing of a house, for instance where I wish to buy an office in Isle of Sheppey with a mortgage from Leeds Building Society?
The service is mainly utilised to select residential conveyancing solicitors in Isle of Sheppey but we have recorded at the end of this page some Isle of Sheppey commercial conveyancing firms. You will need to enquire with the company directly to see if they can also act for Leeds Building Society
We previously selected conveyancing lawyers with offices in Isle of Sheppey on the Barclays solicitor approved list. They are now charging me an additional fee for handling the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancer is entitled to charge a fee for this. The charge is not set by Barclays but by your Isle of Sheppey solicitor. Numerous firms on the Barclays panel will charge an ‘acting for lender’ fee but plenty of practices incorporate it on their overall fee.
I am currently in the process of buying my council flat in Isle of Sheppey. I have a mortgage agreed with RBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
The mortgage over my property is with TSB for my property in Isle of Sheppey. Conveyancing was finalised 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 TSB?
TSB must be informed of your intention before renting your property as this is likely to be a breach of TSB’s mortgage conditions. In many cases banks or building societies will allow you to rent 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 TSB directly. It should not be necessary to do this via a TSB conveyancing panel solicitor.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Isle of Sheppey I like with amenity areas and railway links nearby, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Isle of Sheppey for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
As co-executor for the estate of my uncle I am disposing of a residence in Newport but live in Isle of Sheppey. My lawyer (approximately 300 kilometers from merequires that I execute a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Isle of Sheppey to witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Isle of Sheppey based
I've recently bought a leasehold flat in Isle of Sheppey. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Isle of Sheppey Leasehold Conveyancing - A selection of Queries before buying
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Make sure you discover if the the lease includes any onerous restrictions in the lease. For example some leases prohibit pets being permitted in in a block in Isle of Sheppey. If you like the flatin Isle of Sheppey however your cat can’t move with you then you will be presented with a difficult compromise. Is anyone aware of any major works in the planning that will increase the maintenance charges? How many of the leaseholders are in arrears for their service charge payments?
Partway through the sale of a leasehold flat in Isle of Sheppey. Conveyancing is fine but we have been asked to pay a fortune by the managing agents. So far we have issued a cheque for £225 for a leasehold management information and then a further £118 for responses to queries raised by the purchaser's property lawyer.
You will not have any say over the level of the charges for this information however the average fee for the information for Isle of Sheppey leasehold premises is £355. For Isle of Sheppey conveyancing deals it is conventional for the vendor to pay for these costs. The landlord or their agents are under no legal obligation to address such questions although many will agree to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that requires fixed fees for administrative tasks. Neither is there any legal time limit by which they are obliged to provide the information.