lenderpanel

Find a Rainham Kent Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Rainham Kent? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Rainham Kent transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Rainham Kent conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Rainham Kent

Are you able to vouch for a Coventry Building Society accepted Rainham Kent conveyancing practice finish our home move within a short deadline? Am I best advised to choose a local Rainham Kent practice or a factory type firm?

We would be happy to suggest some excellent Rainham Kent conveyancing firms. Another option is to visit the main road in Rainham Kent. Approach some well established law practices and request to speak with a conveyancing solicitor for a costs illustration. Explain your time frames together with your reasons and get an assurance on speed. Appoint the one that appears most efficient.

Is there a reason why leasehold purchase conveyancing in Rainham Kent is more expensive?

Rainham Kent leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

I am considering applying for a Bank of Ireland mortgage for purchase of a new build (under development) in Rainham Kent with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Bank of Ireland ?

There is nothing to stop you using your solicitor, but Bank of Ireland will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

3 months have gone by since my purchase conveyancing in Rainham Kent completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

What advice can you give us when it comes to appointing a Rainham Kent conveyancing firm to deal with our lease extension?

If you are instructing a property lawyer for your lease extension (regardless if they are a Rainham Kent conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Rainham Kent conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:

    What volume of lease extensions have they completed in Rainham Kent in the last year? Can they put you in touch with clients in Rainham Kent who can give a testimonial?

I purchased a 2 bed flat in Rainham Kent, conveyancing formalities finalised in 1999. How much will my lease extension cost? Similar flats in Rainham Kent with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2094

With only 69 years unexpired we estimate the price of your lease extension to span between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.

Last updated

Find out more about how flying freehold can affect your the value of a property.