My flat in Tunbridge Wells is up for sale and I have accepted an offer. Does my lawyer need to be on the Coventry BS conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Coventry BS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
How does conveyancing in Tunbridge Wells differ for newly converted properties?
Most buyers of new build or newly converted property in Tunbridge Wells contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Tunbridge Wells typically acquire the site, 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 property lawyers 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 Tunbridge Wells or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and identified one close by in Tunbridge Wells I like with amenity areas and railway links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Tunbridge Wells in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage the shortness of the lease will likely be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
What is different about your site and other online quote calculators for conveyancing in Tunbridge Wells?
At this site get a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Tunbridge Wells. As opposed to estate agents and many comparison sites we do not operate referral deals with solicitors. Some agents and online brokers 'recommend' the firm that pays the most per referral, as opposed to the best value conveyancing in Tunbridge Wells
In my capacity as executor for the estate of my father I am selling a house in Cardiff but reside in Tunbridge Wells. My conveyancer (approximately 300 miles from merequires that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Tunbridge Wells who can attest this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are Tunbridge Wells based
I own a leasehold flat in Tunbridge Wells. Conveyancing and The Royal Bank of Scotland mortgage organised. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Tunbridge Wells who previously acted has now retired. Any advice?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is indeed the new freeholder. You do not need to instruct a Tunbridge Wells conveyancing solicitor to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Tunbridge Wells Leasehold Conveyancing - Examples of Queries before Purchasing
-
It would be wise to investigate if the the lease includes any onerous restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Tunbridge Wells. If you like the apartmentin Tunbridge Wells however your dog is not allowed to make the move with you then you have a very hard choice. Does the lease include onerous restrictions? Does the lease have in excess of 85 years remaining?