We were about to retain a conveyancing solicitor in Maryland found by you but have come across some other costs illustrations on the internet seem less pricey – why is this?
There are plenty of conveyancing companies advertising what appear to be the cheapest conveyancing in Maryland. We suggest that you give due consideration as to how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the quality of the legal work. Some embed extras well inside the terms of engagement. The solicitors that we put forward for conveyancing in Maryland will notbehave this way.
I am considering applying for a Virgin Money mortgage for purchase of a newly converted (under development) in Maryland with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Virgin Money ?
In theory, you could use a solicitor that is not on the Virgin Money conveyancing panel, but Virgin Money would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
We are selling our property in Maryland and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Maryland conveyancer would know this is not the case. It does beg the question why the buyers instructed a web based conveyancing firm rather than a conveyancing solicitor in Maryland. We have lived in Maryland for 4 years we know of no issue. Should we contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to 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 health insurance to cover that same sickness)
Are there restrictive covenants that are commonly identified as part of conveyancing in Maryland?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Maryland. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build flat in Maryland. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Maryland
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan.
Builders have recommended to me a solicitor and I've obtained an estimate from them. They are almost two hundred pounds cheaper than my local Maryland solicitor. What's the catch?
Builders often have lists of property lawyers who expedite matters and who know the seller’s contract and solicitor. As many developers offer an inducement to use their approved lawyer for this reason, any increased fees can be avoided and a developer won't recommend a conveyancing factory and run the risk of having the conveyancing stall when they want exchange within a tight deadline. The argument for not opting for the recommended lawyer is that they may be unwilling to 'push' your interests at the risk of alienating the developer. Where you have concerns that this may be the situation you should keep with your high street Maryland conveyancer.