I am only a couple days away from an exchange on a house in Faversham and my mum and dad have sent the exchange deposit to my . I am now informed that as the deposit has not arrived from me my needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I informed the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?

The is legally required to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

What does a local search inform me regarding the house we're buying in Faversham?

Faversham conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for instance PSG The local search plays an important role in many a Faversham conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.

Are there any apps to assist me to search for a Faversham solicitor on the conveyancing panel? I am a keen cyclist and am willing to travel upto 10miles to meet the solicitor.

You can use the facility on this website. Please choose the lender and your location and you will see a number of Faversham conveyancing lawyers located nearest you. We have detailed some Faversham conveyancing firms at the bottom of this page and you can contact them to verify if they are on the panel

I need to find a conveyancing solicitor for residential conveyancing in Faversham. I've stumble upon a site which appears to be the ideal solution If there is a chance to get all the legals completed via web that would be ideal. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I purchased a split level flat in Faversham, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding properties in Faversham with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease ceases on 21st October 50

With only 50 years remaining on your lease the likely cost is going to range between £36,100 and £41,800 as well as legals.

The figure above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.