I was referred a conveyancer who has quoted just over a thousand pound for leasehold conveyancing in Gallows Corner. I’m hoping to sell a modern detached home for £300,000. Is this overpriced? Is it in excess of what I should be paying for conveyancing in Gallows Corner?

The estimate does seem a tad steep. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you couldlive to regret opting for an an unknown conveyancer. Don't forget to check the solicitor can act for your lender. You can utilise our search tool to select a Gallows Corner conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Gallows Corner.

Due to move into my new home in Gallows Corner next Tuesday. My property lawyer now wants me to supply her with evidence of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the lender expect the insurance to cover?

Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These obligations are not unique to conveyancing in Gallows Corner.

My solicitor has informed me that lack of right of way insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Gallows Corner?

The right level of lack of right of way indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Leeds Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.

Is there a list of Kent Reliance panel conveyancers in Gallows Corner on the Building Society Association’s Website?

No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lending institutions make their panel listings visible over the internet. If you are in need of a Gallows Corner conveyancer on the Kent Reliance please use our facility.

Completion of my remortgage has taken place for my property in Gallows Corner. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?

Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.

I am purchasing a new build house in Gallows Corner benefiting from help to buy. The sellers would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not to tell my lawyer about the extras as it could impact my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

I have just started marketing my 2 bed apartment in Gallows Corner. Conveyancing lawyers have not yet been instructed, however I have recently had a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is pay the maintenance contribution as usual as all rents and service charges will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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.

Despite our best efforts, we have been unsuccessful in negotiating a lease extension in Gallows Corner. Can this matter be resolved via the Leasehold Valuation Tribunal?

Most certainly. We are happy to put you in touch with a Gallows Corner conveyancing firm who can help.

An example of a Lease Extension decision for a Gallows Corner residence is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The number of years remaining on the existing lease(s) was 57.5 years.