We are purchasing a flat and require a conveyancing solicitor in New Waltham who is on the Kent Reliance approved panel. Can you recommend a local firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in New Waltham.

We are selling our apartment in New Waltham. Will my solicitor have to be required to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?

Ordinarily, even if your lawyer is not on the Nottingham 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 requirements fairly frequently at the moment.

I have todayfound out that Arc property Solicitors have closed. They carried out my conveyancing in New Waltham for a purchase of a leasehold flat 18 months ago. How can I establish that my home is in my name in the name of the previous owner?

The easiest method to check if the premises is registered to you, you can carry out 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 New Waltham conveyancing specialists.

Are there frequently found problems that you encounter in leases for New Waltham properties?

Leasehold conveyancing in New Waltham is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:

Service charge per centages that don't add up correctly leaving a shortfall

You will have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Leeds Building Society, and Clydesdale all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to withdraw.

Leasehold Conveyancing in New Waltham - Sample of Questions you should ask Prior to Purchasing

What is the name of the managing agents? Many New Waltham leasehold flats will be liable to pay a service charge for the upkeep of the block invoiced by the landlord. Where you purchase the property you will have to pay this amount, usually quarterly accross the year. This can differ from a couple of hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a ground rent for you to pay annual, normally this is not a significant figure, say around £25-£75 but you need to check it because occasionally it could be many hundreds of pounds. Are there any major works in the planning that will increase the maintenance charges?

Builders have recommended to me a conveyancing practitioner and I've sought an estimate from them. It's almost two hundred pounds cheaper than my family New Waltham conveyancing practitioner. Should I use them?

Developers normally have panels of solicitors who are quick and who know the seller’s documentation and conveyancer. As many developers offer an inducement to choose a preferred conveyancing practitioner for this reason, any increased cost can be avoided and a builder will not suggest a conveyancing warehouse and run the risk of having the transaction stall when they require an exchange within a tight deadline. A counter-argument for not opting for the suggested conveyancer is that they may prove unwilling to fight for your interests at the risk of alienating the housebuilder. If you worry that this may be the situation you should remain with your high street New Waltham solicitor.