A colleague pointed out to me me that in buying a property in Kempsey there could be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?

There are a number of properties in Kempsey which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Kempsey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

We previously appointed conveyancers locally in Kempsey on the Nationwide solicitor approved list. They have just invoiced me a further fee for the legal aspects of the Nationwide mortgage. Is this a supplemental conveyancing fee set by Nationwide?

Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your conveyancer is entitled to levy a fee for this. This fee is not set by Nationwide but by your Kempsey lawyer. Numerous firms on the Nationwide panel will levy ’dealing with mortgage’ fee but some practices include it on their overall fee.

I was told four weeks ago that my mortgage has been agreed to by Virgin Money. Is it usual for Virgin Money to only issue the offer once my solicitor in Kempsey is approved on their conveyancing panel? Virgin Money have asked my solicitor to see a copy of their PI Insurance.

Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.

Are there restrictive covenants that are commonly picked up during conveyancing in Kempsey?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Kempsey. 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 need to instruct a conveyancing solicitor for my conveyancing in Kempsey. I've stumble across a web site which seems to have the ideal solution If it is possible to get all this stuff completed via web that would be preferable. Do I need to be wary? What should out be looking out for?

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 am looking at a two flats in Kempsey which have in the region of forty five years remaining on the lease term. should I be concerned?

A lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the value of the lease reduces and it becomes more costly to acquire a lease extension. This is why it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this area.

I invested in buying a basement flat in Kempsey, conveyancing formalities finalised 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Kempsey with an extended lease are worth £175,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ends on 21st October 2083

You have 58 years left to run we estimate the premium for your lease extension to be between £23,800 and £27,400 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

Is it true that a Kempsey conveyancing solicitor has court proceedings brought against them by clients for not carrying out the right conveyancing investigations?

We are not aware of such a Kempsey conveyancing matter but it has been reported that, a couple buying a house elsewhere in England successfully won a case against their solicitor due to development plans to erect a wind farm failing to be identified in conveyancing searches.

Where you are contemplating buying a home in Kempsey It is essential that your conveyancing practitioner purchase all Kempsey conveyancing searches needed making sure that you have relevant and current information before acquiring a home in Kempsey.