Recently contacted my conveyancing lawyer in Whitstable who conducted the legals 18 months ago asking for a conveyancing estimate based on the same type of house sale & purchase (a leasehold property and a freehold premises) of almost identical values with a loan from Santander. It looks as though am now being charged double. Should I look for a cheaper online property lawyer?
The costs illustration is slightly on the steep side. If you you were to look around you may be able to decrease the fees marginally by perhaps £100 plus VAT. That being said, if you were pleased with the assistance the firm gave you mightcome to rue choosing an an untested lawyer. If is important to ensure the firm can also act for Santander. You can employ our search tool to find a Whitstable conveyancing firm on the Santander approved list of lawyers, which can often include conveyancing solicitors in Whitstable.
My son-in-law is purchasing a house that has just been built in Whitstable with a mortgage from HSBC. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Are there restrictive covenants that are commonly picked up during conveyancing in Whitstable?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Whitstable. 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 Whitstable differ for newly converted properties?
Most buyers of new build residence in Whitstable come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Whitstable 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 Whitstable or who has acted in the same development.
In my capacity as executor for the estate of my grandfather I am disposing of a property in Newport but reside in Whitstable. My conveyancer (approximately 300 miles awayhas requested that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing solicitor in Whitstable who can attest and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Whitstable based
I am attracted to a two apartments in Whitstable which have about forty five years unexpired on the lease term. Will this present a problem?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease shortens the saleability of the lease decreases and it becomes more costly to extend the lease. This is why it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this field.
Whitstable Leasehold Conveyancing - Examples of Queries Prior to Purchasing
Its a good idea to discover as much as you can concerning the managing agents as they can either make your living at the property much simpler or uncomfortable. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to daily issues like the upkeep of the common parts. Enquire of other tenants if they are happy with them. On a final note, find out the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money. What is the name of the managing agents? Generally speaking the cost for major works are not included within maintenance charges, although there some managing agents in Whitstable ask leasehold owners to pay into a reserve fund and this is used to offset against larger repairs or maintenance.