Do I have to visit the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Tonbridge so that I can pop in to their offices when needed.

As opposed to 15 years ago, almost all lenders no longer require their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to hand over identification documents and there are still manifest benefits to using a local ayer, in your case a conveyancing solicitor in Tonbridge.

My wife and I are purchasing a house in Tonbridge. I might seem paranoid but how we can trust a conveyancer? On completion day we have to put our life savings into their account. What protection do we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Is there a list of Bank of Ireland panel solicitors in Tonbridge on the UK Finance Lenders’ Handbook Website?

Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of mortgage companies make their panel listings visible on the web. Where you are seeking to appoint a Tonbridge property lawyer on the Bank of Ireland please use our facility.

How can we know in advance if a Tonbridge conveyancing solicitor on the RBS panel is any good?

When it comes to conveyancing in Tonbridge seeking recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer conducting your transaction.

I am purchasing my first flat in Tonbridge with a loan from Leeds Building Society. The builders would not move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent told me not disclose to my conveyancer about this extras as it would jeopardize my loan with the lender. Do I keep my lawyer in the dark?.

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.

In searching the web for the term conveyancing in Tonbridge it shows results of many solicitorslocally. With so much choice what is the best way to find the right conveyancing solicitor for my move?

The ideal method of choosing the right conveyancer is through a trusted recommendation, so enquire of colleagues and those you trust who have bought a property in Tonbridge or a reputable estate agent or financial adviser. Charges for conveyancing in Tonbridge vary, so it's sensible to obtain a minimum of four fee calculations from different conveyancers. Dont forget to clarify what costs in the quote includes.

Are there common defects that you encounter in leases for Tonbridge properties?

There is nothing unique about leasehold conveyancing in Tonbridge. All leases are individual and legal mistakes in the legal wording can result in certain sections are erroneous. The following missing provisions could result in a defective lease:

A provision to repair to or maintain elements of the property

You may encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Yorkshire Building Society, Barnsley Building Society, and Aldermore all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, obliging the purchaser to withdraw.

I purchased a 1st floor flat in Tonbridge, conveyancing formalities finalised 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Tonbridge with a long lease are worth £202,000. The ground rent is £60 yearly. The lease comes to an end on 21st October 2082

You have 56 years unexpired the likely cost is going to be between £29,500 and £34,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.