In December 2007, Fridaysmove residential conveyancing Kent team were instructed on the purchase conveyancing for a freehold, for a property located at Faversham, Kent. The valued amount of the property was roughly around £365, 000. 00.
The national average for a conveyancing matter is 90 days till completion. Fridaysmove completed this matter within 63 days of receiving the letter with draft contract papers from the sellers conveyancing solicitor.
A risk of natural subsidence was uncovered at the property – further details can be viewed in the environmental searches. As this property was in a conservation area – conveyancers needed to take extra precautions in case any alteration have been made.
The Land Registry Office Copies supplied revealed that the sellers had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was established that the property within that five year period was a Transfer at Undervalue. A right of way was also revealed in the Office Copies supplied by the Land Registry.
Our conveyancing lawyer ensured that the right of way would be used without interrupting and without causing a nuisance to the sellers. The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a conveyance dated 19/08/1956. It was important that we check with the sellers conveyancing solicitor that the aforementioned restrictions/covenants etc. had been fully complied with.
Joanne Yamat was the property lawyer in charge of conveyancing in Kent.
The estate agent's memo of sale, detailing the sellers conveyancing solicitor, was obtained shortly before receiving the letter with draft contract papers. The estate agent was W H Breading (branch covering Kent).
The seller's conveyancing solicitor in Kent was Gordons LLP.