I am under pressure from the owner of a property in Tenterden to sign contracts within four weeks. What can I do to expedite matters?

In a situation where you are under pressure for your conveyancing it is advisable to make sure that your solicitor is familiar with the area as they will have local contacts and knowledge. It is even conceivable that they may have handled otherhomes in the same street. You would be best advised to use a Tenterden conveyancing solicitor. In addition, make sure that the lawyer is on the on the approved list for your mortgage company. It is said that nearly one in five of Tenterden conveyancing deals are held up or derailed after discovering a purchaser’s conveyancer was not on their mortgage lender’s member panel. In many cases this discovery resulted in the conveyancing being delayed by as much as 21 days. It is said that this issue impacts in the region of one hundred thousand home moves annually. Many Tenterden conveyancing firms can not act for certain mortgage companies so do check at the outset.

I own a freehold premises in Tenterden but still charged rent, why is this and what is this?

It’s unusual for properties in Tenterden and has limited impact for conveyancing in Tenterden but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

How does conveyancing in Tenterden differ for newly converted properties?

Most buyers of new build or newly converted property in Tenterden come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Tenterden tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Tenterden or who has acted in the same development.

My cousin has encouraged me to appoint his conveyancers in Tenterden. Should I use them?

Much as we are happy to recommend a Tenterden conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to have referrals from friends or relatives who have actually previously instructed the conveyancer you're considering.

My wife and I purchased a leasehold house in Tenterden. Conveyancing and mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Tenterden who acted for me is not around. Any advice?

First contact the Land Registry to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Tenterden conveyancing firm to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Tenterden Leasehold Conveyancing - Examples of Queries Prior to buying

This information is important as a) areas can cause problems for the block as the communal areas may start to deteriorate if repairs remain unpaid b) if the leaseholders have an issue with the running of the building you will need to have all the details Plenty Tenterden leasehold flats will be liable to pay a service charge for the upkeep of the building levied on behalf of the management company. If you buy the flat you will have to meet this amount, usually periodically during the year. This can be anything from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a ground rent to be met annual, ordinarily this is not a exorbitant sum, say approximately £25-£75 but you need to enquire as sometimes it can be many hundreds of pounds.