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

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Recently asked questions about conveyancing in Margate

Willinstructing a Margate conveyancing solicitor make the ownership transfer smoother?

Margate is a unique place, where neighbourhood knowledge is a big bonus. The relaxed pace of life is great – but not for your home move. The conveyancers that we endorse combine wide Margate knowledge with a positive, hands-onattitude that ensures the conveyancing to progress with the minimum of fuss. It is a definite plus if they enjoy long term relationships with mortgage brokers, estate agents, surveyors and other Margate conveyancing practices

Have completed on a a detached house in Margate , What is the estimated time for the Land Registry to record my proprietorship? My Margate conveyancing solicitor works at snail pace, so I want to check that my name is registered.

There is nothing unique about conveyancing in Margate registration formalities. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any third parties. Currently approximately three quarters of such applications are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Historically registration is effected after the purchaser has moved in to the premises so registration formalities is not usually primary concern but if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.

My company is wishing to lease a unit on the high street. Can you recommend solicitors offering no-sale-no fees for commercial conveyancing in Margate for less than 1500k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Margate, including the disposal and purchase of businesses as well as simply premises. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we can find you the right lawyer. Regarding the fees this will depend on the structure and complexity of the proposed transaction. Let us have your details or telephone so as to enable us to furnish you with a detailed commercial conveyancing quote.

I've recently bought a leasehold flat in Margate. Am I liable to pay service charges relating to a period prior to completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Margate Leasehold Conveyancing - A selection of Questions you should ask before buying

    Is there a share of the freehold? The majority of Margate leasehold flats will be liable to pay a service charge for the upkeep of the block set on behalf of the freeholder. Where you purchase the property you will have to pay this charge, usually quarterly accross the year. This may vary from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common areas. In all probability there will be a rentcharge to be met yearly, ordinarily this is not a exorbitant amount, say about £50-£100 but you should to check as sometimes it can be many hundreds of pounds. For most Margate leaseholds the outlay for major works are not built into the service charges, albeit that some managing agents in Margate require leaseholders to pay into a sinking fund and this is used to offset against larger works.

After what seems like an age a mortgage agreement from a mortgage company for the remortgage of my 2 bedroom garden flat is coming imminently. Are you able to recommend an efficient remortgage conveyancing solicitor in Margate ?

This site is not designed to help in pursuit of a cheap conveyancing solicitors in Margate. Our intention is to offer value for money conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing brokers offering low cost conveyancing in Margate.In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for additional fee and still not get the service you were hoping for.

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Neighbouring Locations

Westgate on Sea
Birchington
Margate
Sandwich
Deal
Broadstairs
Ramsgate

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