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Find a Maidenhead Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Maidenhead? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Maidenhead conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Maidenhead

We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to instruct a local conveyancing solicitor in Maidenhead?

You should check but the chances are that appoint one of their panel lawyers where you take up the "fee-free" deal. Contact the bank and check if they allow a monetary alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor near Maidenhead.

A friend suggested that if I am purchasing in Maidenhead I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes included in the estimate for your Maidenhead conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Maidenhead around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Maidenhead.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Maidenhead is where the house is located. What do you suggest?

Flying freeholds in Maidenhead are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Maidenhead you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maidenhead may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Last July I purchased a leasehold property in Maidenhead. Do I have any liability for service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I purchased a studio flat in Maidenhead, conveyancing formalities finalised in 2001. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Maidenhead with over 90 years remaining are worth £186,000. The ground rent is £55 charged once a year. The lease ends on 21st October 2073

With only 52 years left to run we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.

My partner and I have an offer in principle from Skipton Building Society who indicated we could borrow up to £117k. At what point do I need to instruct a practitioner for conveyancing? Maidenhead is where we are buying.

You can appoint a conveyancing practitioner now and ask them to create a file for you. This will enable: 1) the estate agent to issue a Sales Memorandum to the relevant parties 2) the seller’s conveyancer to send out the draft paperwork. That being said, do not instruct your lawyer to order searches until you receive your valuation report from Skipton Building Society and you are willing to move forward.

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Find out more about how flying freehold can affect your the value of a property.