My partner and I are nearing an exchange on a property in Meopham and my parents have sent the exchange deposit to my conveyancing practitioner. I am now informed that as the deposit has not arrived from me my solicitor needs to make a notification to my bank. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your lawyer is duty bound to clarify with mortgage company to ensure that they are aware 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.
Can your site be used to find a Conveyancing solicitor in Meopham even if I’m not purchasing or disposing of a house, for example where I intend to acquire a shop in Meopham with a mortgage from Yorkshire Building Society?
Our comparison service is mainly utilised to get a quote from residential conveyancing solicitors in Meopham but we have listed towards the bottom of this page some Meopham commercial conveyancing firms. You will need to speak with the firm directly to see if they can also act for Yorkshire Building Society
Do I need to be concerned that estate agents that I am dealing with are suggesting a factory type conveyancing firm rather than a local Meopham conveyancing firm?
As is the case with lots of professional services, often suggestions from connections can be most helpful. But there are lots of players in a conveyancing deal; estate agents, mortgage brokers and lenders may suggest conveyancers to use. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes financial incentive behind the recommendation. You have the discretion to appoint your own conveyancer. You need to be aware that many banks operate an approved list of lawyers you are obliged to use for the mortgage aspect of your house move.
As co-executor for the will of my aunt I am selling a property in Cardiff but live in Meopham. My conveyancer (who is 250 miles awayrequires that I execute a statutory declaration ahead of completion. Could you suggest a conveyancing practitioner in Meopham who can attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Meopham
My husband and I may need to sub-let our Meopham garden flat temporarily due to a career opportunity. We used a Meopham conveyancing practice in 2003 but they have closed and we did not think at the time seek any advice as to whether the lease permits subletting. How do we find out?
Some leases for properties in Meopham do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I purchased a 1 bedroom flat in Meopham, conveyancing having been completed November 1995. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Meopham with a long lease are worth £195,000. The ground rent is £45 levied per year. The lease runs out on 21st October 2082
With just 63 years unexpired we estimate the premium for your lease extension to range between £16,200 and £18,600 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.