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Find a Faversham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Faversham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Faversham home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Faversham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Faversham

Me and my husband are buying residence in Faversham. My Solicitor has never been on on the lender solicitor panel. Am I still permitted to appoint my Faversham conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?

Your options include

  • Proceed with your existing Faversham lawyer but your bank will no doubt appoint a conveyancer on their conveyancing panel. This will result in additional cost and probable frustration.
  • Appoint a fresh conveyancing practitioner to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
  • Convince your lawyer to pull out all the stops to get listed on the mortgage company conveyancing panel

The deeds to our property are lost. The conveyancers who did the conveyancing in Faversham 10 years ago no longer exist. What are my next steps?

As long as the title is registered the information relating to your ownership will be documented by the Land Registry with a Title Number. It is easy to conduct a search at the Land Registry, locate your house and obtain current copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.

I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Faversham is where the house is located. What do you suggest?

Flying freeholds in Faversham are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Faversham you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Faversham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

My cousin has suggested that I use his conveyancing solicitors in Faversham. Should I use them?

There are no two ways about it the ideal way to find a conveyancing practitioner is to get feedback from friends or relatives who have previously instructed the conveyancer you're contemplating using.

I have just started marketing my basement apartment in Faversham. Conveyancing solicitors are to be appointed soon, but I have recently received a yearly service charge invoice – what should I do?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual as all ground rent and service payments should be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I purchased a ground floor flat in Faversham, conveyancing was carried out 6 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Faversham with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 per annum. The lease expires on 21st October 2080

With 62 years left to run the likely cost is going to span between £17,100 and £19,800 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.

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Find out more about how flying freehold can affect your the value of a property.