As someone unfamiliar with the Kent conveyancing process what is your top tip you can impart concerning the home moving process in Kent
You may not hear this from too many lawyers but conveyancing in Kent and elsewhere in England and Wales is an adversarial experience. In other words, when it comes to conveyancing there exists plenty of opportunity for friction between you and other parties involved in the ownership transfer. For example, the seller, property agent and even potentially the lender. Selecting a solicitor for your conveyancing in Kent should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the legal process whose role it is to act in your legal interests and to keep you safe.
On occasion a potential adversary will try and convince you that you should follow their advice. For instance, the selling agent may claim to be assisting by claiming that your conveyancer is dragging his heels. Or your mortgage broker may tell you to do something that is against your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
It has been 2 months following my purchase conveyancing in Kent took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build flat in Kent. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Kent
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision.
I have been advised by a couple of local estate agents in Kent to find a conveyancer on your site. What’s the financial inducement for Estate Agents to market your lawyers ahead of alternative conveyancing organisations?
We don’t offer any financial incentive for sending work in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
Planning to sign contracts shortly on a ground floor flat in Kent. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Kent should include some of the following:
The length of the lease term. You should be advised as what happens when the lease ends, and informed of the importance of not letting the lease term falling below eighty years Do you need to have carpet in the flat or are you allowed wood flooring? Are pets allowed in the flat? Does the lease prevent you from letting out the property, or having a home office for business The total extent of the demise. This may be the apartment itself but could also include a roof space or storage are if relevant.
Leasehold Conveyancing in Kent - Examples of Queries before buying
Is anyone aware of any major works in the near future that will likely increase the service fees? Generally speaking the outlay for major works tend not to be incorporated into the service charges, albeit that some managing agents in Kent obliged leaseholders to pay into a reserve fund created for the specific intention of building a fund for larger repairs or maintenance.