My wife and I are approaching an exchange on a flat in Maulden and my mum and dad have transferred the ten percent deposit to my conveyancing practitioner. I am now told that as the deposit has been received from someone other than me my lawyer needs to disclose this to my bank. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I advised the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

The solicitor is obliged to clarify with mortgage company to make sure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your bank if you agree, failing which, your lawyer must cease to continue acting.

What is the best way to investigate if the solicitor carrying out my conveyancing in Maulden is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus spending £192.00 in further legal fees.

You should make the most of the find a conveyancing panel solicitor tool on this web page. Please choose the mortgage company and type ‘Maulden’ or your location and you will be presented with numerous conveyancers based in Maulden or by proximity to you.

I moved into my flat on 10 September and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Maulden said it would be formalised in less than a month. Are titles in Maulden particularly slow to register?

There is nothing unique about conveyancing in Maulden registration formalities. Rather than based on location, timeframes can vary according to who lodges the application, whether there are errors and whether the Land registry need to notify any 3rd persons or bodies. At present in the region of 80% of submission are fully addressed in less than three weeks but some can be subject to longer hold-ups. Registration takes place after the new owner has moved in to the property thus an expedited registration is not always top priority but where it is urgent that the the registration takes place urgently then you or your conveyancer can communicate with the Registry to express the reasoning for an expedited registration.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Maulden is the location of the property. What do you suggest?

Flying freeholds in Maulden are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Maulden you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maulden may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

What are your top tips when it comes to finding a Maulden conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a property lawyer for your lease extension (regardless if they are a Maulden conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non Maulden conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:

If the firm is not ALEP accredited then what is the reason? What are the legal fees for lease extension conveyancing?

Maulden Leasehold Conveyancing - Examples of Questions you should consider before Purchasing

You should want to find out as much as you can regarding the managing agents as they will either make life much easier or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to practical issues like the upkeep of the communal areas. Ask prospective neighbours if they are happy with them. Finally, be sure you know the dates that the maintenance fees are due to the appropriate party and precisely how they are spending the funds. The prefered form of lease structure is a share of the freehold. In this scenario the tenants have being in charge if their destiny and notwithstanding that a managing agent is often retained where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.