Please explain the implications if my solicitor is suspended from the Kent Reliance Conveyancing panel ahead of completing my conveyancing in Malden?

First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.

When it comes to mortgage companies such as Barclays, do Malden lawyers have to pay a yearly amount to be on the conveyancing panel?

We are not aware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Malden building society branch on a couple of occasions and was told it does not impact the mortgage offer and they would lend. My Malden conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.

As long as the conveyancing practitioner is on the mortgage company panel, she or he must comply with the Council of Mortgage Lenders’ Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

Coventry BS have agreed my home loan in principle, my offer on a flat in Malden has been agreed to, now what?

Your property agent will need to be informed of your conveyancer's details (be sure the lawyers are on the bank’s approved list). Contact Coventry BS or the financial adviser and complete any relevant documentation. Coventry BS will appoint a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once conducted (assuming no problems) it takes about a week to get a mortgage offer. Coventry BS will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Malden.

Just had an offer accepted on a new build apartment in Malden. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Malden

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan.

What does commercial conveyancing in Malden cover?

Non domestic conveyancing in Malden incorporates a broad range of services, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I am using a search engine for the words conveyancing in Malden it brings up numerous conveyancerslocally. How do I determine which is the suitable solicitor for my move?

The best way of choosing the right conveyancer is via trusted recommendation, so enquire of colleagues and relatives who have acquired a property in Malden or the local estate agent or financial adviser. Costs for conveyancing in Malden vary, so it's a good idea to secure a minimum of three quotes from varying types of companies. Make sure that you know what costs in the quote includes.