Why would one appoint a Maldon conveyancing company given that web based alternatives are cheap by comparison?
By all means make sure that you compare conveyancing costs in Maldon and you should seek an affordable estimate but don’t expend your energy looking for the lowest priced Maldon conveyancer. Appointing the right conveyancer can be the distinction between a smooth and a distressing move. You need to ensure that you have expert guidance from a trusted solicitor. Emails can't replace a telephone discussion and are no substitute for a face to face consultation. The firms that we work with will appoint you a qualified and trusted conveyancing solicitor who can handle your conveyancing from start to finish, providing a level of personalised service that you are unlikely to received from an internet conveyancer. Our lawyers will keep you updated as to progress and keep you informed. Should you need to call the firm you will know who you need to speak to and they will endeavour to make sure that you are kept fully informed.
I am getting closer to an exchange on a house in Maldon and my mum and dad have sent the ten percent deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my lawyer needs to disclose this to my lender. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?
The conveyancer is obliged to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
We wanted to use a property lawyer in Maldon for our house purchase. Our financial adviser informed us that our mortgage lenders Britannia won't deal with them. Surely this is unduly restrictive?
A decade ago most mortgage companies had an appetite for risk which was higher than today. Almost all Maldon conveyancing firms would have been on most lender panels. The FSA in 2010 completed a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms regarding their operations and the individuals who work for them and set certain criteria such a completing on a minimum amount of conveyancing. Many Maldon conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Maldon is one of the thousands of areas where the lawyers we recommend are are approved Britannia.
Due to the input of my in-laws I had a survey completed on a house in Maldon ahead of appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders may not give a mortgage on such a home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Maldon. Conveyancing may be slightly more expensive based on your lender's requirements.
What advice can you give us when it comes to choosing a Maldon conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for lease extension works (regardless if they are a Maldon conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Maldon conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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How many lease extensions has the firm carried out in Maldon in the last year? How familiar is the practice with lease extension legislation?
Leasehold Conveyancing in Maldon - Examples of Questions you should consider Prior to buying
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How much is the yearly maintenance fee and ground rent? What is the the remaining lease term?
New build sellers have recommended to me a conveyancer and I've received a quote from them. They are nearly £400 less expensive than my own Maldon conveyancer. What's the catch?
Builders frequently have panels of conveyancers who are quick and who know the builder's contract and lawyer. As many developers offer an inducement to choose their approved property lawyer for this reason, any increased charges can be avoided and a developer will not suggest a conveyancing warehouse and run the risk of having the conveyancing stall when they need an exchange inside a month. A counter-argument for not agreeing to use the suggested lawyer is that they may be unwilling to 'push' your interests for fear of upsetting the sellers. Where you have concerns that this may be the case you should stick with your local Maldon conveyancing practitioner.