lenderpanel

Find a Maulden Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Maulden? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Maulden transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Maulden conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Maulden

The Maulden conveyancing firm handling our Maulden conveyancing has discovered a discrepancy between the assumptions in the valuation report and what is in the conveyancing documents. My lawyer says that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my lawyer’s approach legitimate?

Your solicitor must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

Are the Maulden conveyancing solicitors identified as being on the Clydesdale conveyancing panel, together with their details provided by Clydesdale?

Maulden conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.

I am helping my step-mother sell her flat in Maulden. Does the solicitor commission an energy performance certificate or do I organise this?

After the demise of Home Information Packs, energy performance certificates was retained a mandatory part of moving house. An energy performance certificate needs to be to hand in advance of the property being marketed. It is not as aspect of the sale process that law firms ordinarily organise. If you are instructing a Maulden conveyancing solicitor they may help arrange energy assessments given their relationships with reputable local providers

We had instructed solicitors locally in Maulden on the Clydesdale solicitor approved list. They have just billed me a separate amount for dealing with the Clydesdale mortgage. Is this an additional conveyancing fee set by Clydesdale?

Provided it is contained in their Terms of Engagement or Quote then yes your conveyancing practitioner can levy a fee for this. The fee is not set by Clydesdale but by your Maulden conveyancing practitioner. Plenty of firms on the Clydesdale panel will charge ’dealing with mortgage’ fee but plenty of firms incorporate it on their overall fee.

We were going to get a AIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Maulden solicitors on the Bank of Ireland conveyancing panel, or is it better to go independently?

You will need to appoint Maulden solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.

Hoping to buy a property located in Maulden and I am already nervous. I couldn't find anything specific about Maulden. Conveyancing will be needed in due course but do you know about the Maulden area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Maulden. In the meantime here are some basic statistics that we found

I work for a busy estate agency in Maulden where we have experienced a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given inconsistent advice from local Maulden conveyancing solicitors. Can you clarify whether the owner of a flat can initiate the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I own a studio flat in Maulden, conveyancing having been completed 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Maulden with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £65 levied per year. The lease expires on 21st October 2085

With just 61 years remaining on your lease the likely cost is going to be between £19,000 and £22,000 plus professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.

Last updated

Find out more about how flying freehold can affect your the value of a property.