Is there a reason to appoint a Maidstone conveyancing firm given that online conveyancers are more affordable?
Its a good idea to scrutinise conveyancing costs in Maidstone and you should seek an affordable quote but don’t be focused with sourcing the cheapest Maidstone conveyancer. Locating the right conveyancer can mark the distinction between a seamless and a frustrating house move. It is important that you ensure that you have expert guidance from an experienced lawyer. Emails can't take the place of a telephone discussion and are no substitute for a one to one meeting. Our partner firms will find you a qualified and experienced conveyancing solicitor that will handle your conveyancing from from the outset to completion, giving the sort of continuity that you are unlikely to received from an online conveyancer. Our lawyers will update you as to headway making sure that you are ensuring that you are updated at regular intervals. Should it ever be necessary to phone the office you will know who you need to speak to and they will be sure you're not left wondering what's going on.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Maidstone. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 25/9/2020, the requirements read as follows :
My partner and I are downsizing from our home in Maidstone and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Maidstone conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an internet conveyancing outfit rather than a conveyancing solicitor in Maidstone. Having lived in Maidstone for three years we know of no issue. Should we contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
How does conveyancing in Maidstone differ for new build properties?
Most buyers of new build residence in Maidstone come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Maidstone usually acquire 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 Maidstone or who has acted in the same development.
I opted to have a survey completed on a house in Maidstone in advance of retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may not give a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Maidstone. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Maidstone to see if the conveyancing will be more expensive.
Is it best to use a Maidstone conveyancing practitioner based in the location that I am purchasing? I have an old university friend who can conduct the legal formalities but they are based over three hundred kilometers drive away.
The benefit of a high street Maidstone conveyancing firm is that you can attend the office to sign paperwork, hand in your ID and pester them where appropriate. They will also have local intelligence which is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and they were happy that should outweigh using an unknown Maidstone conveyancing lawyer just because they are Maidstone based.