I am need of leasehold conveyancing for an apartment in a fairly new development (five years built) in Maulden. 95% of the appartments have already been disposed of. Do I need carry out the local searches for my conveyancing in Maulden?
You are putting yourself at risk in failing carrying out Maulden conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal necessity to have them, but we would strongly advise in the strongest possible terms that you have them. Where time pressures and price are top of your issues you should consider with your solicitor about the viability of search insurance
Having sold my house in Maulden last May but our buyer keeps telephoning daily complaining that his lawyer needs to hear from mylawyer. What should my lawyer have done now that I have sold?
Following your sale your lawyer is obliged to send the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer should also confirm that the mortgage has been paid off to the purchasers lawyers. There are no post completion requirements unique to conveyancing in Maulden.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Maulden. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 25/11/2021, the requirements read as follows :
I decided to have a survey completed on a property in Maulden ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Maulden. Conveyancing will be smoother if you use a solicitor in Maulden especially if they are familiar with such properties in Maulden.
What does commercial conveyancing in Maulden cover?
Maulden conveyancing for business premises covers a broad array of guidance, provided by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases 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.