Unfortunately I am unable to travel far from Isle of Sheppey. I would like to know the logic why all Isle of Sheppey conveyancers are not on all lender panels?

Lenders ordinarily restrict either the type or the number of conveyancing practices on their panel. Frequent examples of such criteria being that the organisation must have two or more partners. In addition to restricting the nature of firm, some banks for example HSBC made a decision to restrict the size of their panel they allow to act for them. It is worth noting that building societies have no liability for the accuracy of service provided by any Isle of Sheppey property lawyer on their approved list. Property fraud was the main trigger for the reduction of solicitor panels in the last decade notwithstanding that there are conflicting views about the extent of solicitor involvement in some of that fraud. Data via HMLR reveal that thousands of law practices only conduct less than three conveyances annually. Those supporting conveyancing panel consolidation question why law firms should have any entitlement to remain on a bank panel when clearly conveyancing is not their speciality?

Do the conveyancing solicitors listed on your site conduct conveyancing in Isle of Sheppey by way of an attended exchange?

We do have a number of conveyancing specialists who can conduct one day exchanges. Do e-mail us to get a fee calculation and details as to dates.

My mortgage company has suggested solicitors on their panel based in Isle of Sheppey but I would rather choose a conveyancing lawyer in Isle of Sheppey local to me. Can you assist?

The minority of Isle of Sheppey conveyancing practices are approved and listed on all lender’s conveyancing panel. Please make the most of the above find an approved solicitor tool to identify a Isle of Sheppey conveyancing solicitor on the on the mortgage company panel.

What does commercial conveyancing in Isle of Sheppey cover?

Isle of Sheppey conveyancing for business premises incorporates a broad array of guidance, offered by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

I work for a busy estate agency in Isle of Sheppey where we have witnessed a few leasehold sales put at risk as a result of short leases. I have been given conflicting advice from local Isle of Sheppey conveyancing solicitors. Can you confirm whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Isle of Sheppey Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

Generally speaking the cost for major works are not incorporated into the maintenance charges, although some managing agents in Isle of Sheppey require leaseholders to contribute towards a reserve fund created for the specific purpose of establishing a fund for major works. How long is the Lease? Are any of leasehold owners in arrears of their service charge liability?