I am expecting a offer of a home loan from Santander. I would like to enlist the help of a Licensed Conveyancer in Malpas. Does the Santander Solicitor panel include conveyancers regulated by the CLC?

The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

How does conveyancing in Malpas differ for new build properties?

Most buyers of new build property in Malpas approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Malpas typically buy the real estate, 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 property lawyers 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 accustomed to new build conveyancing in Malpas or who has acted in the same development.

What does commercial conveyancing in Malpas cover?

Commercial conveyancing in Malpas incorporates a broad array of guidance, given by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment 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 mortgages and the termination of leases.

We're FTB’s - agreed a price, yet the selling agent told us that the vendor will only issue a contract if we appoint their chosen lawyers as they want a ‘quick sale’. We would rather use a local solicitor who is familiar with conveyancing in Malpas

It is improbable the vendors are driving this. If they want ‘a quick sale', taking such a hostile approach to a motivated buyer is is going to put the whole deal at risk. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you are going to use your preferred Malpas conveyancing firm - not the ones that will earn the estate agent a referral fee or hit his conveyancing targets set by senior management.

I have recently realised that I have 62 years unexpired on my lease in Malpas. I need to extend my lease but my freeholder is missing. What are my options?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to track down the landlord. For most situations an enquiry agent should be helpful to carry out a search and to produce a report to be accepted by the court as evidence that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the vesting order request to the County Court covering Malpas.

Malpas Leasehold Conveyancing - Sample of Questions you should ask before Purchasing

Are there any major works in the planning that will add a premium to the service costs? If a Malpas lease has fewer than 80 years it will impact the marketability of the property. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will probably require a lease extension at some point and it is worth discovering how much this will be. Remember, in most cases you will need to own the residence for a couple of years in order to be entitled to carry out a lease extension. Be sure to investigate if the the lease includes any onerous restrictions in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Malpas. If you love the apartmentin Malpas but your dog can’t move with you then you will be faced difficult decision.