Can the conveyancing solicitors that you recommend handle attended exchange conveyancing in Tenterden?

There are a few conveyancing experts carrying out 24hr exchanges. Please call us to get a conveyancing quote and details as to dates.

How does conveyancing in Tenterden differ for newly converted properties?

Most buyers of new build or newly converted property in Tenterden approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Tenterden usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tenterden or who has acted in the same development.

I am looking for a flat up to £235,500 and identified one round the corner in Tenterden I like with amenity areas and station in the vicinity, however it's only got 61 years on the lease. There is not much else in Tenterden in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you require a home loan the shortness of the lease will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.

I need to instruct a conveyancing practitioner in Tenterden for my house move. Can I see a solicitor's record with the profession’s regulator?

Members of the public can find presented Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.

Looking forward to exchange soon on a ground floor flat in Tenterden. Conveyancing solicitors inform me that they will have a report out to me on Monday. What should I be looking out for?

The report on title for your leasehold conveyancing in Tenterden should include some of the following:

Details of the parties to the lease, e.g. these could be the lessee, head lessor, landlord Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? You should have a good understanding of the insurance obligations The length of the lease term. You should be advised as what happens when the lease ends, and informed of the importance of not letting the lease term falling below eighty years

Leasehold Conveyancing in Tenterden - Sample of Queries before buying

Where a Tenterden lease has less than eighty years it will have adverse implications on the value of the property. It is worth checking with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. For most Tenterdenlease extensions you will need to own the premises for 24 months before you are eligible to exercise a lease extension. Many Tenterden leasehold properties will have a service bill for maintenance of the building invoiced on behalf of the freeholder. Should you purchase the flat you will have to pay this amount, usually periodically during the year. This can vary from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a ground rent to be met annual, this is usually not a significant figure, say approximately £50-£100 but you should to check as occasionally it can be many hundreds of pounds. Can you inform me if there are any major works anticipated that will add a premium to the service charges?