A friend advised me that if I am buying in Broadstairs I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is usually included in the estimate for your Broadstairs conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Broadstairs around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Broadstairs Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Broadstairs.

I am buying a new build house in Broadstairs with a loan from . The sellers refused to budge the price so I negotiated £7000 of extras instead. The sale representative told me not to tell my lawyer about this deal as it may affect my mortgage with the bank. 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.

How do I use your search facility to get a quote from a conveyancing lawyer in Broadstairs on the panel for my bank?

1st select a mortgage company such as , or then choose your preferred area for instance Broadstairs. Conveyancing practices in Broadstairs and further afield will then be shown.

I am tempted by the attractive purchase price for a couple of flats in Broadstairs both have in the region of fifty years unexpired on the leases. Will this present a problem?

There are plenty of short leases in Broadstairs. The lease is a legal document that entitles you to use the premises for a period of time. As a lease shortens the saleability of the lease reduces and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. It is often difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this arena.

I inherited a leasehold flat in Broadstairs, conveyancing having been completed 1995. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Broadstairs with over 90 years remaining are worth £165,000. The ground rent is £45 invoiced annually. The lease ends on 21st October 50

With just 50 years remaining on your lease we estimate the premium for your lease extension to range between £36,100 and £41,800 as well as professional fees.

The figure 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 in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

I’m about to sell my garden flat in Broadstairs.Conveyancing has not commenced but I have just received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?

It best that you pay the invoice as you normally would because all rents and service invoices should be allottedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process