My previous lawyer has given a fee calculation of £1200 for no sale no fee conveyancing in Maldon. I am selling a modern house for £275,000. This seems expensive. Is it above the average fee for conveyancing in Maldon?
The quote is slightly on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you mightcome to regret choosing an a cheaper conveyancer. Don't forget to check the firm can represent your lender. Do make use of our search tool to find a Maldon conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Maldon.
We're in Maldon, First time buyers purchasing with a mortgage (lender is Nottingham , and our solicitor is on the Nottingham conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nottingham conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Have purchased a a terraced house in Maldon , how long will it take for the Land Registry to record my ownership? My Maldon conveyancing solicitor works at snail pace, so I want to be certain the registration formalities are dealt with.
There is nothing unique when it comes to conveyancing in Maldon registration formalities. As opposed to being determined by geographic area, timescales can vary according to who lodges the application, whether it is in order and whether the Land registry communicate with any interested persons or bodies. As of today roughly 80% of such applications are completed within 12 days but occasionally there can be longer hold-ups. Historically registration is effected after the new owner has moved in to the property thus post completion formalities is not always top priority but if it is urgent that the the registration takes place urgently then you or your conveyancer should communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Maldon differ for new build properties?
Most buyers of new build residence in Maldon approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because new home sellers in Maldon usually 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 accustomed to new build conveyancing in Maldon or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. Maldon is the location of the property. Is there any advice you can impart?
Flying freeholds in Maldon are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Maldon you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maldon may decide 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 premises.
Given that I am about to part with hundreds of thousands of pounds on a two bedroom apartment in Maldon I wish to talk to a solicitor about mytransaction in advance of instructing the firm. Is this something that you can arrange?
We could not agree more - we would be happy to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your conveyancing in Maldon.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Maldon should be the figure that you are charged.