I am considering remortgaging my property in Maldon, does my lawyer have to be on the Aldermore Conveyancing panel?
In theory, you could use a solicitor that is not on the Aldermore conveyancing panel, but Aldermore would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I have been advised by my solicitor that chancel insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Maldon?
The appropriate level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between Yorkshire Building Society and Barnsley Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.
Completion of my remortgage has taken place for my property in Maldon. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
After shopping around on the internet I have found a Maldon solicitor having checked that they are on the Nationwide conveyancing panel. Does my lawyer arrange the survey of the property?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Maldon postcode. As you are getting a mortgage with Nationwide, you could contact them to see if they have a list of approved surveyors in Maldon.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when buying a residence in Maldon?
Unless a previous acquisition of the house took place after 12 October 2013 you could expect conveyancing practitioners carrying out conveyancing in Maldon to remain encouraging a chancel search and or insurance against a claim.
I decided to have a survey done on a property in Maldon ahead of instructing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies tend not issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Maldon. Conveyancing will be smoother if you use a solicitor in Maldon especially if they are familiar with such properties in Maldon.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend lawyers offering fixed costs for non-domestic conveyancing in Maldon for below £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Maldon, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your details or telephone us so that we can furnish you with a detailed commercial conveyancing quote.