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Find a New Romney Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in New Romney

My wife and I purchased a 4 bedroom Georgian property in New Romney. Conveyancing solicitor represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?

You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in New Romney and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing lawyer who carried out the work.

Over the last few months I have been searching for a flat up to £195,000 and identified one near me in New Romney I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. There is not much else in New Romney suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.

My husband and I are 3 weeks into a residential purchase having been directed to conveyancers by the high street agent to execute conveyancing in New Romney. We are not happy. Can you help me find new solicitors?

A solicitor would have to be really bad in order to consider diss instructing them. Has your loan offer been issued? In the event that it has you must make them aware of the new contact details and get the loan are re-sent. Your conveyancer needs to be on the mortgage company panel to avoid supplemental fees and complications. So that should be your first question of the new solicitors. The find a solicitor tool should help you find a bank approved solicitor for your home move in New Romney

I've recently bought a leasehold house in New Romney. Do I have any liability for service charges for periods before my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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).

I inherited a basement flat in New Romney, conveyancing formalities finalised in 1995. Can you work out an approximate cost of a lease extension? Corresponding flats in New Romney with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease runs out on 21st October 2080

With just 62 years left to run the likely cost is going to be between £17,100 and £19,800 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.

I today plan to offer on a house that seems to be perfect, at a reasonable figure which is making it all the more appealing. I have just found out that it's a leasehold rather than freehold. I would have thought that there are particular concerns buying a house with a leasehold title in New Romney. Conveyancing advisers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in New Romney ?

Most houses in New Romney are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area can assist with the conveyancing process. We note that you are purchasing in New Romney so you should seriously consider looking for a New Romney conveyancing solicitor and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a service charge towards the maintenance of the communal areas where the house is located on an estate. Your lawyer should report to you on the legal implications.

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Ashford Kent
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