It has come to my attention via my IFA that my Maldon solicitor is not on the mortgage company Conveyancing panel. How can I check?
The sensible course of action for you to take is to contact your Maldon conveyancer. You lawyer should inform you of the situation. If they are not on the panel they may be able to suggest a Maldon conveyancing practice that is on the conveyancing panel for your mortgage company.
Me and my partner are acquiring our first property. Our conveyancer has messagedto see if we want to purchase additional conveyancing searches. We are really unsure what's needed for conveyancing in Maldon
The type of Maldon conveyancing searches should be triggered based entirely on the premises, the location, the likelihood of any of these risks, your familiarity of the region and risks, your general approach to risk. What matters is that you properly understand what information each search could give you. Then you can decide if you personally think you need that search. If unsure, ask the conveyancer to guide you.
How does conveyancing in Maldon differ for new build properties?
Most buyers of new build residence in Maldon approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because new home sellers in Maldon tend to buy 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 Maldon or who has acted in the same development.
I am looking for a ground for flat up to £235,500 and found one near me in Maldon I like with open areas and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in Maldon suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
My company is intending to lease a unit on a shopping parade. Can you recommend lawyers offering no-move-no fees for non-domestic conveyancing in Maldon for under 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Maldon, including the sale and acquisition of businesses as well as simply property. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right solicitor. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your details or telephone so as to enable us to furnish you with comprehensive commercial conveyancing calculation.