I am under pressure from the executor of a property in Kingsnorth to exchange within four weeks. What can I do to speed up matters?

Where the seller is applying time constraints for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will make use of local connections and insight. It is possible that they would have conducted otherproperties in the same street. Therefore consider using a Kingsnorth conveyancing solicitor. Second, make sure that the lawyer is on the on the approved list for your mortgage company. It is understood that just under twenty per cent of Kingsnorth conveyancing transactions are held up or jeopardised after finding out that a purchaser’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the transaction being held up by an average of three weeks. It is claimed that this issue affects in the region of one hundred thousand home moves annually. Almost all Kingsnorth conveyancing practices can not act for certain banks so do check as early as possible.

I need some fast conveyancing in Kingsnorth as I am faced with an ultimatum to sign on the dotted line inside one month. Fortunately I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?

If.Given you are not getting a home loan you are at free not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Kingsnorth the following are examples of issues that can appear and therefore affect market value: Enforcement Actions, Outstanding Fees, Overdue Grants, Unadopted Roads,...

I am buying a new build flat in Kingsnorth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Kingsnorth

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

How simple is it to use the search tool to locate a conveyancing lawyer in Kingsnorth on the approved list for my lender?

Step one is to select a mortgage company such as Birmingham Midshires, The Royal Bank of Scotland or Clydesdale then type in your location for instance Kingsnorth. Conveyancing organisations in Kingsnorth and beyond will then be shown.

We own a leasehold flat in Kingsnorth. Conveyancing was completed in last year. I have heard that I should not allow the the remaining lease term to get too short. What is the reasoning?

Kingsnorth residential long term leases are for a fixed period - normally ninety nine years when they are first granted. However a significant appartments in Kingsnorth were built or converted in the 70’s80’s and so these leases now have less than 80 years remaining. That may sound like plenty of time but Banks, Building Societies and other mortgage companies tend to require leases to have a minimum of 75 years remaining to adequate security. This means that when you come to sell the property you will need to extend the term of your lease if you are getting close to seventy five years. To enhance your property value you should be considering whether or not to extend your lease long before you come to sell it. Furthermore advantages to doing so before the lease hits 80 years as when the lease falls below 80 years the amount to be paid to extend starts to escalate.