The sellers of the home we are purchasing have appointed a conveyancing practitioner in Paddock Wood who has recommended a lock out agreement with a non-refundable deposit 10k. Are such contracts promoted for Paddock Wood conveyancing transactions?

Lock out contracts are agreements between a home seller and prospective buyer granting the buyer the sole right to the sale of the premises for a limited period of time. For all intents and purposes, a lock out is a document specifying that you should receive a contract at a later time being the main conveyancing contract. It tends to be used for buyer confidence though in many situations, the vendor may enjoy an upside from such agreements as well. There are numerous pros and cons to having an agreement but you need to check with your conveyancer but note that it may end up costing you extra in conveyancing charges. In light of this these contracts are unusual in relation to conveyancing in Paddock Wood.

I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Paddock Wood conveyancing practitioner on the Nationwide panel to discharge the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Nationwide has sent the Land Registry the discharge electronically, and
3. Nationwide has instructed the Land Registry to do so

I am currently in the process of buying my council flat in Paddock Wood. I have a mortgage agreed with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.

At last I have had an offer on an apartment in Paddock Wood agreed to, the owners do nevertheless have an associated purchase. The vendors have offered on a property, but it’s not yet tied up, and are looking at other properties booked. I have selected a high street conveyancing solicitor in Paddock Wood. What should be my next step? When should I get the mortgage application with UBS started?

It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx one thousand pounds, then survey, Paddock Wood conveyancing search costs, etc). First, you must check that your conveyancing practitioner is on the UBS conveyancing panel. Concerning the next steps this very much depends on the specifics of your transaction, motivation for the property and on the state of the market. In a buoyant market many purchasers would apply for the mortgage with UBS and arrange for the valuation and only if it comes back ok would they ask their conveyancing practitioner to proceed with searches.

I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when buying a residence in Paddock Wood? or I am told that there is a law dating back centuries that could mean that homeowners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this suitable for conveyancing in Paddock Wood?

Unless a prior acquisition of the property completed post 12 October 2013 you could take it that solicitors conducting conveyancing in Paddock Wood to remain recommending a chancel search and or chancel repair liability policy.

Are there any apps to assist me to locate a Paddock Wood solicitor on the Norwich and Peterborough Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 10miles to meet the solicitor.

Feel free to make use of the tool on this page. Please select a bank and your location and you will see a number of Paddock Wood conveyancing lawyers located nearest you. We have detailed some Paddock Wood conveyancing firms towards the end of this page and you can ring them to verify whether they are on the Norwich and Peterborough Building Society panel

I am in need of some leasehold conveyancing in Paddock Wood. Before I get started I require certainty as to the remaining lease term.

If the lease is recorded at the land registry - and 99.9% are in Paddock Wood - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I bought a ground floor flat in Paddock Wood, conveyancing was carried out 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Paddock Wood with an extended lease are worth £186,000. The ground rent is £55 charged once a year. The lease comes to an end on 21st October 2077

With only 52 years left to run we estimate the premium for your lease extension 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 extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.