My partner and I are at the point of looking at apartments in Maldon and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Lloyds.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are seeking a mortgage with Lloyds, make sure you remember to check that your lawyer is on the Lloyds conveyancing panel.
I recently had an offer agreed on a house in Maldon. My mortgage broker recommended their conveyancers. I paid an advanced payment of £200. Shortly after, the lawyer contacted me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
After what feels like an age I have had an offer on a flat in Maldon accepted, the owners do however have a dependent purchase. The sellers have placed an offer on a property, however it’s not been accepted yet, and are looking at other flats booked. I have instructed a nearby conveyancing solicitor in Maldon. What do I do now? When do I get the mortgage application with Yorkshire BS going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur costs too early (home loan application is in the region of one thousand pounds, then survey, Maldon conveyancing search charges, etc). First, you must check that your conveyancing practitioner is on the Yorkshire BS approved list. As to the subsequent stages this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. During a hot market some purchasers will apply for a home loan with Yorkshire BS and arrange for the valuation and only if it comes back ok would they ask their solicitor to press on with the conveyancing in Maldon.
I am intent on selling our home in Maldon and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the buyers instructed a web based conveyancing practice rather than a conveyancing solicitor in Maldon. We have lived in Maldon for 5 years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Maldon differ for newly converted properties?
Most buyers of new build premises in Maldon come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is finished. This is because house builders in Maldon 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 Maldon or who has acted in the same development.
Should I go with a Maldon conveyancing lawyer in close proximity to the house I am purchasing? An old friend can conduct the conveyancing however his firm is located approximately 350miles away.
The benefit of a high street Maldon conveyancing firm is that you can attend the office to execute documents, present your identification documents and pester them where appropriate. They will also have local insight which is a plus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and in the main were impressed that must surpass using an unknown Maldon conveyancing solicitor solely due to them being round the corner.
We are looking to purchase a repossessed flat in Maldon and the mortgagee in possession demand completion inside 28 days. Do conveyancers meet that timeframe? Am I best advised to use a local Maldon firm or an online organisation that professes to complete quickly?
Visit your Maldon shopping parade. Pop in to a couple of companies and ask to see a conveyancing solicitor for a quote. Explain your situation and try and obtain a commitment on deadlines. Appoint the firm that appears most efficient. Be sure to select a conveyancing practitioner on the panel of solicitors who can act for your mortgage company.