Just contacted my conveyancing solicitor in Kenley who conducted the legals 18 months ago and wanted a conveyancing quote based on the same type of home move (a leasehold premises and a freehold property) of similar values with a home loan from The Royal Bank of Scotland. It looks as though am now being charged twice the amount. Better the devil I know or should I seek out an alternative conveyancer?
The quote is fractionally on the steep side. If you shop around you might get the conveyancing a bit cheaper by perhaps £125. That being said, providing that you were pleased with the service the firm offered you couldlive to regret choosing an an unknown lawyer. Remember to check that the conveyancer can represent The Royal Bank of Scotland. Do employ our search tool to locate a Kenley conveyancing firm on the The Royal Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Kenley.
How do I check that the solicitor carrying out my conveyancing in Kenley is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus spending £175.00 in another set of conveyancing costs.
Please do make the most of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type ‘Kenley’ or your location and you will discover numerous conveyancers offices in Kenley or near you.
I have todaydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Kenley for a purchase of a freehold house 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kenley conveyancing specialists.
My husband and I are first time buyers - agreed a price, but the property agent has warned us that the seller will only issue a contract if we use the agent's preferred conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Kenley
It is improbable the sellers are behind this. Should the vendor desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Contact the vendors directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you will continue to instruct your preferred Kenley conveyancing lawyers - as opposed tothe ones that will earn the estate agent a commission or hit his conveyancing figures pre-set by HQ.
Do you have any top tips for leasehold conveyancing in Kenley with the aim of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Kenley can be reduced if you instruct lawyers as soon as you market your property and request that they start to collate the leasehold documentation needed by the buyers’ lawyers. The majority of freeholders or managing agents in Kenley levy fees for providing management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management information sought on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Kenley. If you have had conflict with your landlord or managing agents it is essential that these are resolved prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as over rather than unresolved. Some Kenley leases require Licence to Assign from the landlord. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years remaining on your lease but you should double-check by asking your solicitors. A buyer’s lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 75 years. It is therefore essential at an as soon as possible that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Kenley conveyancing firm to act on my behalf?
in cases where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Freehold Enfranchisement case for a Kenley premises is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case affected 6 flats. The unexpired residue of the current lease was 78.32 years.
I dont have enough spare money to pay a 10% deposit on my house purchase in Kenley , but I still want to proceed. Do I have options?
You can agree a lesser deposit. Many sellers will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment