It has come to my attention via my lender that my Maidstone lawyer is not on the bank Solicitor panel. How can I be sure that this is correct?
The sensible course of action for you to take is to contact your Maidstone lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
Me and my partner are soon to exchange on the purchase of a house in Maidstone but as a consequence of wreckage from the recent storms I have managed to agree reparation from the owner of £2k taking the form of a reduction in the price. This was going to be dealt with as part of amending the contract yet Aldermore are not allowing this. Why were they approached?
Your property lawyer being on the Aldermore conveyancing panel is duty bound to disclose to Aldermore of any changes to the sale price. If you were to refuse your solicitor to notify the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Maidstone.
I own a freehold premises in Maidstone but still charged rent, why is this and what is this?
It is rare for properties in Maidstone and has limited impact for conveyancing in Maidstone 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
Forgive me if this question is silly but I am wet behind the ears as FTB of a two bedroom flat in Maidstone. Do I pick up the keys to the property on the completion date from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in Maidstone?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you will be invited to collect the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
I am due to move home in August. Will my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you recommend a removal company in Maidstone. Conveyancing lawyer was found prior to coming across this website.
On the afternoon of completion you can pick up the keys from the estate agent but this can only occur after the sellers solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be released. You will need to advise the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal organisation but can assist you in finding a residential property solicitor in Maidstone or a firm that specialises in conveyancing in Maidstone.
The formalities of my remortgage has taken place for my property in Maidstone. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I am buying a new build house in Maidstone with a mortgage from Accord Mortgages Ltd. The sellers would not budge the price so I negotiated 6k of additionals instead. The estate agent advised me not inform my lawyer about the extras as it could adversely affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am using a search engine for the words conveyancing in Maidstone it brings up many property lawyersin the area. How do I determine which is the suitable conveyancer for the sale of my house?
The ideal way of choosing a suitable conveyancer is through a trusted testimonial, so ask friends and family who have purchased a property in Maidstone or a respected estate agent or mortgage broker. Charges for conveyancing in Maidstone vary, so it's sensible to obtain a minimum of three fee calculations from varying types of conveyancers. Dont forget to clarify that the fees are fixed.