We are about to exchange contracts for a freehold house in Maryland. We have hit a problem. The loan offer with Lloyds TSB Bank runs out on 9/1/2025 but the vendors are suggesting a completion date of 13/1/2025. Is it possible to prolong the mortgage offer?
The best person to deal with your question is your lawyer who will determine if they better off negotiating with the mortgage broker, vendor’s conveyancers, property agents or indeed all three taking into account the history of your conveyancing as of today.
It is 10 years ago since I bought my home in Maryland. Conveyancing lawyers have recently been appointed on the sale but I can't find my title deeds. Is this a problem?
Don’t worry too much. Firstly the deeds may be retained by your lender or they may be in the possession of the solicitor who acted in your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Nearly all conveyancing in Maryland relates to registered property but in the unlikely event that your home is not registered it is more tricky but is not insurmountable.
Do I need to pay for insurance to address the risk of chancel repairs when buying a house in Maryland?
Unless a prior acquisition of the premises took place after 12 October 2013 you may take it that solicitors handling conveyancing in Maryland to remain recommending a chancel search and or chancel repair liability insurance.
I used Wolstenholmes several years past for my conveyancing in Maryland. I now require my papers however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Maryland of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
We're first time buyers - had an offer accepted, but the estate agent advised that the vendor will only proceed if we appoint the agent's chosen conveyancers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family conveyancer used to conveyancing in Maryland
We suspect that the owner is unaware of this request. Should the seller desire ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you intend to use your own,trusted Maryland conveyancing firm - as opposed tothe ones that will earn the estate agent a kickback or meet his conveyancing targets set by HQ.
I'm buying a house in Maryland. I can find my conveyancer's company on the CLC list, but I can't find my conveyancer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. Provided there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unqualified staff.