Various online forums that I have come across warn that are the number one reason for obstruction in Chatham conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in Chatham.

I'm purchasing my first flat in Chatham with a loan from . The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not reveal to my lawyer about the extras as it will adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am a sole trader intending to take over a lease of a shop on the high street. Can you recommend solicitors offering no-move-no fees for non-domestic conveyancing in Chatham for less than £2000?

We can recommend firms who host a wealth of experience of commercial conveyancing in Chatham, including the disposal and purchase of businesses as well as simply property. If you are intending to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. Regarding the fees these will vary based on the structure and complexity of the proposed transaction. Let us have your details or telephone us so that we can furnish you with a fixed commercial conveyancing quote.

In my capacity as executor for the estate of my grandfather I am disposing of a house in Neath but I am based in Chatham. My lawyer (approximately 235 miles from mehas requested that I sign a statutory declaration prior to completion. Could you suggest a conveyancing lawyer in Chatham who can witness this legal document for me?

Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are based in Chatham

I am attracted to a two apartments in Chatham both have approximately fifty years left on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Chatham. The lease is a right to use the property for a prescribed time frame. As the lease shortens the saleability of the lease reduces and it becomes more costly to acquire a lease extension. For this reason it is advisable to extend the lease term. It is often difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this arena.

I acquired a 1 bedroom flat in Chatham, conveyancing having been completed 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Chatham with an extended lease are worth £165,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 50

With 50 years unexpired we estimate the price of your lease extension to span between £36,100 and £41,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.