I am planning to move home in January. Will my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you recommend a removal company in Maidstone. Conveyancing firm was found prior to coming across your page.
On the day of completion you can collect the keys from your property agent however this should only be done once the vendors conveyancers inform the agent that the monies to complete are in and the keys can be given over. Subsequently you will need to advise the removal men that you are ready to move in. We do not suggest a specific removal company but can help you locate a residential property solicitor in Maidstone or a lawyer that specialises in conveyancing in Maidstone.
We had selected solicitors locally in Maidstone on the Barclays solicitor approved list. They have just invoiced me a separate sum for the legal aspects of the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your conveyancer is entitled to levy a fee for this. The fee is not set by Barclays but by your Maidstone solicitor. Some firms on the Barclays panel will charge ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
I am buying a property in Maidstone. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As you are obtaining a mortgage with Skipton your lawyer must comply with the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease does not satisfy these conditions. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Maidstone.
How does conveyancing in Maidstone differ for new build properties?
Most buyers of new build residence in Maidstone come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is constructed. This is because house builders in Maidstone tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Maidstone or who has acted in the same development.
Over the last few months I have been searching for a flat up to £195,000 and identified one near me in Maidstone I like with amenity areas and railway links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Maidstone in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will likely be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
Given that I will soon part with £400,000 on a house in Maidstone I would like to have a conversation with the lawyer about myhouse move ahead of instructing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you first talking to the conveyancer due to be doing your conveyancing in Maidstone.There is no ‘factory style conveyancing’ - each client is unique individual, not a case reference. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Maidstone should be the figure that you end up paying.
My husband and I are one month into a freehold purchase having been directed to conveyancers by the selling agent to handle our conveyancing in Maidstone. I am not happy. Could you help me find new conveyancers?
They would need to be really poor to suggest replacing them. Has the mortgage been generated? If so you must advise them of the new contact details and get the mortgage documents are re-issued. Your new solicitor ideally needs to be on the banks panel to avoid added expenses and frustration. That should be your first question of the new conveyancers. Our search tool should assist you in finding a bank approved conveyancer for your conveyancing in Maidstone
Two months into buying a house in Maidstone. Conveyancing solicitor has told us the title is "Leasehold". Will this likely impact our home loan valuation?
Maidstone conveyancing does not ordinarily involve leasehold houses. The crucial consideration here is the length of lease and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's essentially freehold, so it’s unlikely to impact the value significantly.
At the other extreme, if it's, say, Sixty years it is bound to have a significant effect on the saleability, and most likely wouldn't be mortgageable. The length of lease and ground rent will be stated in the lease to be supplied to your conveyancer.