We see that you have a search directory identifying law firms on the conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Royal Tunbridge Wells?

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

Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Royal Tunbridge Wells. Do I receive the keys to the premises on completion from my lawyer? If so, I will use a local conveyancing solicitor in Royal Tunbridge Wells?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the owner’s solicitors, and once they have received this, you will be able to receive the keys from the selling Agents and start moving into the property. Usually this occurs early afternoon.

I have been told by my conveyancer that lack of building regulations insurance is necessary on my purchase. What is the level of cover for Royal Tunbridge Wells conveyancing?

The appropriate level of lack of building regulations indemnity insurance depends on who your lender is. It would differ for example between and . Conveyancing lawyers as opposed to members of the public take out such insurances.

It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Royal Tunbridge Wells building society branch on numerous occasions and was advised it wasn't an issue and they will lend. My Royal Tunbridge Wells conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

The has to comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.

Are there restrictive covenants that are commonly identified during conveyancing in Royal Tunbridge Wells?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Royal Tunbridge Wells. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am the registered owner of a studio flat in Royal Tunbridge Wells, conveyancing was carried out 1995. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Royal Tunbridge Wells with over 90 years remaining are worth £165,000. The ground rent is £45 yearly. The lease ends on 21st October 50

With just 50 years left to run the likely cost is going to span between £36,100 and £41,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. 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 move forward based on this information before getting professional advice.

Me and my partner are planning to purchase a 2 room bungalowin Royal Tunbridge Wells with a home loan from a bank. We have a lawyer in Royal Tunbridge Wells however our mortgage company says she’s not on their "panel". We have to appoint from the our lender panel firms or stay with our Royal Tunbridge Wells conveyancer and incur the extra costs for one of their panel ones to represent our bank. This seems very unfair; Can we not simply insist that our lender use our Royal Tunbridge Wells lawyer?

Unfortunately,no. The mortgage company mortgage offered to you is subject to conditions, one of which will be that solicitors will on the lender's conveyancing panel. in the past, most lenders had large numbers of law firms on their panels, including almost all conveyancing solicitors in Royal Tunbridge Wells : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for your bank.