Find a Lender-Approved Local Conveyancer in Maidstone

Me and my partner are purchasing property in Maidstone. My lawyer has never been on on the mortgage company solicitor list. Can I still retain my Maidstone conveyancing solicitor even though they are not on the bank panel of approved conveyancing solicitors?

You will need to instruct a property lawyer to complete the legal work required when you require a mortgage to buy your home. They will carry out all the appropriate legal checks on the property, make sure that you will be registered as proprietor and ensure that all the required mortgage documentation is in order. One may appoint a Maidstone conveyancer of your choosing. Nevertheless, where the conveyancing practitioner appointed is not a member of the mortgage company conveyancing panel further costs will arise as separate legal representation will be required by them. Lender panel applications can be submitted, so provided your solicitor has not in the past sought membership they should take the chance to apply.

I am hoping to move into my new home in Maidstone next Thursday. My property lawyer now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What does the insurance need to cover?

All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not limited to conveyancing in Maidstone.

I require quick conveyancing in Maidstone as I have an ultimatum to complete in less than 2 weeks. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?

As you are are a cash purchaser you have the choice not to do searches although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Maidstone the following are examples of what can crop up and therefore affect the marketability of the property: Enforcement Actions, Outstanding Fees, Outstanding Grants, Unadopted Roads,...

I'm converting the mortgage on my primary house to a BTL loan with Norwich and Peterborough Building Society and intend to use the remaining equity towards another house. The location we are talking about is Maidstone. Will your solicitors be able to act for the two mortgage companies and tie in the two deals?

Do use our search tool on this site to ensure that the solicitors are on the relevant lender panels. On the basis that they are the solicitor should be able to simultaneously deal with the two transactions but you should have a chat with you conveyancer and specify your desired outcome and needs.

I am looking for a conveyancing solicitor in Maidstone for my remortgage. Is there any facility to review a firm’s complaints history with the legal regulator?

Anyone may find documented Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor call for training purposes.

We expect to complete the sale of our £225,000 maisonette in Maidstone next week. The managing agents has quoted £420 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Maidstone?

Maidstone conveyancing on leasehold apartments nine out of ten times involves administration charges levied by managing agents :

Answering conveyancing due diligence questions Where consent is required before sale in Maidstone Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Maidstone leasehold property is £350. For Maidstone conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply answers.

Maidstone Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing

The best form of lease arrangement is a share of the freehold. In this scenario the tenants have control and notwithstanding that a managing agent is usually employed where the building is larger than a house conversion, the managing agent is directed by the tenants. This information is important as a) areas could result in problems in the block as the common areas may start to deteriorate if maintenance remain unpaid b) if the leaseholders have an issue with the managing agents you will need to have full disclosure It is important to be aware if changing the roof or some other significant cost is due shortly to be shared between the tenants and may well materially impact the level of the maintenance fees or necessitate a one time invoice.