Is the fact that my solicitor in Maidstone is not on my bank's solicitor panel that there is a problem with the quality of her work?
That is most likely a wrong assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Maidstone conveyancing practice and enquire why they are no longer on the approved list for your bank.
I have given 8 weeks notice to my existing landlord and have to be out of my rented apartment in Maidstone by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in three weeks as don't want to have to find short term accommodation?
Generally one should not give notice for your lease unless exchange of contracts has taken place. Assuming that you have not previously done so, notify to your conveyancer and request that they seek the assistance the other solicitors, try to an acceptable time-line that all parties will aim towards
How does conveyancing in Maidstone differ for new build properties?
Most buyers of new build property in Maidstone contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Maidstone tend to purchase the land, 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 close by in Maidstone I like with a park and station in the vicinity, the downside is that it only has 61 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 mistake acquiring a short lease?
If you need a home loan that many years may be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
My mother and father cant seem to find their Maidstone property on the HMLR online search facility. They have a vague recollection 48 years ago when they bought the house there were complications with the address not being identified on some systems.
The vast majority of properties in Maidstone should be revealed. Have you tried a search to just the postcode. Normally it will reveal all the houses and flats inside that postcode. Assuming the property is recorded it will be there with a title number. Where they bought sixty years ago it's conceivable it may be unrecorded. The property may still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title papers which could be with your parent’s mortgage company.