Can you recommend a Alliance & Leicester approved Maldon conveyancing practice finish our house move within two weeks? Am I best advised to choose a local Maldon firm or an online conveyancer?
We can recommend some very good Maldon conveyancing firms. You can also walk up the main road in Maldon. Approach two or three law practices and ask to speak with a conveyancing solicitor for a fee estimate. Mention your deadline together with your reasons and ask for a commitment on speed. Choose the lawyer that you are most comfortable with.
I purchased a freehold property in Maldon but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Maldon and has limited impact for conveyancing in Maldon but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I just acquired a house at auction in Maldon. Conveyancing is necessary. What happens now?
Having legally bound yourself to purchase you should instruct a conveyancing lawyer as a matter of urgency as you are facing a fast approaching a fixed date to complete the purchase. Every auction property should have a bespoke auction pack. This will likely include most,if not all of the paperwork that your conveyancer will need. In the case of leasehold premises the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You must hand this to the lawyer working for you ASAP. Do make sure that your finances are in place to complete on the on the contractual date .
Is it the case that all Maldon conveyancing solicitors on the Principality conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Principality approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel and in that case the firms would be governed by the CLC.
We are getting a further advance on our mortgage from Lloyds as we intend to carry out alterations to our home in Maldon. Do we need to appoint a nearby Maldon solicitor on the Lloyds conveyancing panel to deal with the legals?
Lloyds don't usually appoint firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
I need some fast conveyancing in Maldon as I am faced with an ultimatum to sign on the dotted line inside one month. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you are at free not to do searches although no solicitor would advise that you don't. Drawing on our experience of conveyancing in Maldon the following are examples of what can appear and adversely affect the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
How does conveyancing in Maldon differ for new build properties?
Most buyers of new build residence in Maldon come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Maldon typically purchase the site, 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Maldon is the location of the property. Can you shed any light on this issue?
Flying freeholds in Maldon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Maldon you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maldon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.