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Recently asked questions about conveyancing in Maldon

My friend's sister is a solicitor. I am hopeful that I'll be able to get friends and family fee for conveyancing, but if not, what kind of costs should I be expecting for conveyancing in Maldon?

It’s a good idea to get multiple conveyancing estimates. Make use of our comparison tool on this page. Whilst charges may vary but the service one can expect differ between property lawyers as is the case with the vast majority of professional services.

What does my ID and proof of funds have anything to do with my conveyancing in Maldon? What am I being asked for?

To satisfy the Money Laundering Regulations any Maldon conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.

In accordance with Money Laundering Regulations, conveyancers are required to investigate not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. Refusal to disclose this will result in your lawyer terminating their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers are duty bound to inform the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

Just had an offer accepted on a new build apartment in Maldon. 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.

Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Maldon

    Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Forfeiture - bankruptcy or liquidation must not apply under this provision.

I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have subsequently found out that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Maldon. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Maldon ?

Most houses in Maldon are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Maldon so you should seriously consider shopping around for a Maldon conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’sconsent to carry out changes to the property. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.

I inherited a basement flat in Maldon, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Maldon with a long lease are worth £211,000. The average or mid-range amount of ground rent is £50 levied per year. The lease comes to an end on 21st October 2092

With just 68 years remaining on your lease the likely cost is going to be between £9,500 and £11,000 plus costs.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

What advice do you have for searching for auction conveyancing in Maldon?

First ask your friends and family they would would seek assistance from. Option 2 is to use a search tool on the web for conveyancing in Maldon. Phone a couple or more firms from the list and ask them to send you their conveyancing fees and speak to the lawyer who will conduct your conveyancing before you make your decision. Third is to use this site to help you find the right lawyers for you based on your unique requirements including location,speed, complexity and who the proposed lender is.Do not be fooled by lowest cost conveyancing solicitors in Maldon

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