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Find a Sandgate Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Sandgate conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Sandgate

We are planning to buy with Earl Shilton BS. We have called around locally yet am struggling to find a Sandgate conveyancing firm on the Earl Shilton BS panel. Please you assist?

You should take advantage of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type Sandgate or your preferred area and you will be presented with numerous solicitors located in Sandgate or by proximity to you.

Me and my brother own a 4 bedroom Victorian property in Sandgate. Conveyancing solicitor represented me and Halifax. 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 under the exact same address. If a house is not a freehold shouldn't I have been informed?

You should review 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 Sandgate and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who conducted the purchase.

I am purchasing a new build house in Sandgate with a loan from Lloyds TSB Bank. The developers refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not reveal to my conveyancer about the deal as it could jeopardize my loan with Lloyds TSB Bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Sandgate I like with amenity areas and transport links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Sandgate suitable, so just wondered if I would be making a mistake purchasing a short lease?

If you require a home loan the shortness of the lease will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.

I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Sandgate. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Sandgate ?

The majority of houses in Sandgate are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Sandgate so you should seriously consider shopping around for a Sandgate conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’spermission to conduct alterations. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your lawyer should report to you on the legal implications.

I purchased a 1 bedroom flat in Sandgate, conveyancing was carried out March 2003. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Sandgate with an extended lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease expires on 21st October 2094

You have 76 years remaining on your lease we estimate the price of your lease extension to range between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.

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Neighbouring Locations

Hythe
Sandgate
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