We see that you have a post code search directory listing law firms on the Skipton conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Folkestone?

We are a listing service only for law firms wishing to communicate if they are on the Skipton conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Folkestone.

Do the Building Society Association intend to launch a search tool with a view to to identify law firms on the Darlington Building Society conveyancing panel for example in Folkestone?

We are not aware of any intention on the part of the BSA to promote such a search facility.

It has been five months following my purchase conveyancing in Folkestone took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I need to retain a conveyancing solicitor for some conveyancing in Folkestone. I happened to stumble upon a web site which seems to have the ideal solution If there is a chance to get all this stuff completed via email that would be preferable. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I today plan to offer on a house that appears to meet my requirements, at a reasonable figure which is making it all the more appealing. I have since been informed that it's a leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in Folkestone. Conveyancing advisers have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in Folkestone ?

Most houses in Folkestone are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are purchasing in Folkestone in which case you should be shopping around for a Folkestone conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the freeholder’spermission to conduct alterations. You may also be required to pay a service charge towards the upkeep of the estate where the house is part of an estate. Your lawyer will appraise you on the various issues.

I am the registered owner of a 2 bed flat in Folkestone, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Equivalent properties in Folkestone with over 90 years remaining are worth £211,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2093

You have 68 years remaining on your lease the likely cost is going to range between £9,500 and £11,000 plus costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.