It may have been a long time coming a mortgage offer from Santander for the remortgage of my single room maisonette is coming imminently. Are you able to put forward a cheap conveyancing practitioner in Faversham?

This site is not designed to help those in pursuit of a cheap conveyancing solicitors in Faversham. We can offer you excellent value conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing companies seducing you with £99 conveyancing in Faversham. The optimum result, in deciding on cheap conveyancing, you will get your money’s worth and at worst you will end up with a hefty uplift in extras and still not end up with the service expected.

We were just about to sign contracts for a ground floor flat in Faversham. We encountered a problem. The mortgage offer with Lloyds TSB Bank runs out on 3/11/2025 but the owners are suggesting a completion date of 5/11/2025. Can one extend the mortgage expiry date?

The person best placed to deal with your issue is your lawyer who is in a position to calculate whether they corresponding with the mortgage broker, vendor’s lawyers, property agents or conceivably all three given the history of your transaction to date.

Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial site in Faversham?

Its becoming the norm that commercial conveyancing solicitors in Faversham will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Faversham. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Faversham.

For every commercial conveyancing transaction in Faversham it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Faversham commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Faversham.

I've recently bought a leasehold flat in Faversham. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous owner 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 invested in buying a garden flat in Faversham, conveyancing was carried out 4 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Faversham with over 90 years remaining are worth £185,000. The ground rent is £65 yearly. The lease finishes on 21st October 2085

With just 60 years left to run we estimate the price of your lease extension to span between £20,000 and £23,000 plus costs.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive 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 you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.

I have selected a Faversham conveyancing solicitor for our home move (first time buyers) and have spotted in the terms and conditions that they are not governed by the FCA. Need I be worried or is that the norm with conveyancer?

We can't see why they should be. Most solicitor don't lend money. They will be regulated by the SRA, who set stringent stipulations in place on amounts sitting in their bank.