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Recently asked questions about conveyancing in Maulden

Would the conveyancing lawyers that you recommend conduct right to buy conveyancing in Maulden?

We do have a number of conveyancing specialists carrying out right to buy transactions Please call us to secure a costs calculation.

My partner and I are selling our house in Maulden and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know this is not the case. It does beg the question why the buyers instructed a web based conveyancing outfit rather than a conveyancing solicitor in Maulden. We have lived in Maulden for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to obtain confirmation that the buyers are looking for.

It would appear that you have a conveyancing solicitor already. 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 ailment)

I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Maulden for a purchase of a leasehold flat 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?

The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Maulden conveyancing specialists.

How does conveyancing in Maulden differ for newly converted properties?

Most buyers of new build residence in Maulden come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because builders in Maulden typically acquire 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 conveyancers 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 Maulden or who has acted in the same development.

In relation to leasehold conveyancing in Maulden what are the most frequent lease defects?

Leasehold conveyancing in Maulden is not unique. Most leases are unique and legal mistakes in the legal wording can sometimes mean that certain clauses are missing. The following missing provisions could result in a defective lease:

    Repairing obligations to or maintain elements of the premises

You may encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, The Royal Bank of Scotland, and Aldermore all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the buyer to pull out.

Maulden Conveyancing for Leasehold Flats - Examples of Queries Prior to buying

    Many Maulden leasehold flats will be liable to pay a service charge for maintenance of the building levied on behalf of the freeholder. Where you purchase the flat you will have to pay this liability, usually periodically accross the year. This could be anything from two or three hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a rentcharge to be met yearly, ordinarily this is not a significant sum, say around £25-£75 but you should to enquire it because sometimes it can be surprisingly expensive. For many Maulden leaseholds the outlay for major works tend not to be built into the maintenance charges, albeit that there some managing agents in Maulden ask tenants to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance. Be sure to discover if the the lease contains any adverse restrictions in the lease. For example it is very common in Maulden leases that pets are not allowed in in a block in Maulden. If you like the flatin Maulden yet your cat is not allowed to live with you then you will be presented with a hard determination.

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