I am buying a property and need a conveyancing solicitor in Maze Hill who is on the Norwich and Peterborough Building Society conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society in certain locations such as Maze Hill. We dont recommend any particular firm.
My wife and I are purchasing a house in Maze Hill. I might seem paranoid but how we can trust a lawyer? At some point we will need to deposit funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm in the throws of looking at flats in Maze Hill and I am about to put in an offer. Should I already have a conveyancing practitioner in place at this point? I intend to finance via a home loan with Principality.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are seeking a mortgage with Principality, ask your prospective lawyers if they are on the Principality conveyancing panel otherwise they can't do the mortgage legal work.
I recently had an offer accepted on a house in Maze Hill. My financial adviser suggested a conveyancing practitioner. I paid an upfront payment of £225. Not long after, the conveyancer contacted me to say that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I'm buying a new build house in Maze Hill with the aid of help to buy. The developers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not inform my solicitor about this side-deal as it could jeopardize my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey completed on a property in Maze Hill prior to retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some lenders will not grant a mortgage on this type of house.
It varies from the lender to lender. Santander has different instructions from Halifax. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Maze Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Maze Hill to see if the conveyancing costs will increase in light of this.
My husband and I are new to the buying process - agreed a price, but the property agent has warned us that the vendor will only move forward if we appoint their preferred solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in Maze Hill
We suspect that the owner is unaware of this demand. If they require ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Try to communicate with the sellers directly and make sure they understand (a)you are motivated buyers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Maze Hill conveyancing solicitors - not the ones that will give the estate agent a referral fee or achieve conveyancing figures set by head office.
I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have just been informed that the title is leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Maze Hill. Conveyancing advisers have are about to be instructed. Will they explain the issues?
Most houses in Maze Hill are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Maze Hill so you should seriously consider shopping around for a Maze Hill conveyancing solicitor and check that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’spermission to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer will report to you on the legal implications.
I have given up trying to purchase the freehold in Maze Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to arrive at the sum to be paid.
An example of a Lease Extension decision for a Maze Hill property is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case was in relation to 2 flats. The unexpired residue of the current lease was 72 years.