My lender has recommended a law firm on their panel based in Maulden but I would rather instruct a conveyancing lawyer in Maulden or nearer to where I live. Are you able to assist?

Far from all Maulden conveyancing firms are on all lender’s conveyancing panel. Do make use of the above find an approved solicitor tool to locate a Maulden conveyancing solicitor on the on the lender panel.

I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Maulden I like with a park and transport links nearby, however it's only got 61 years on the lease. There is not much else in Maulden for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a mortgage the shortness of the lease will be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

I am 14 days into a leasehold purchase having been directed to conveyancers by the selling agent to carry out the conveyancing in Maulden. I am am extremely dissatisfied with the quality of service. Could you you assist me in finding new conveyancers?

They would have to be very poor in order to consider diss instructing them. Has your mortgage offer been generated? If so you need to advise them of the new solicitor and get the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the mortgage company approved list to avoid added charges and complications. So that should be your starting point. Our find a solicitor tool should help you find a lender approved conveyancer for your home move in Maulden

When it comes to leasehold conveyancing in Maulden what are the most frequent lease problems?

Leasehold conveyancing in Maulden is not unique. All leases are drafted differently and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building Maintenance charge proportions which don’t add up to the correct percentage

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Accord Mortgages Ltd, Norwich and Peterborough Building Society, and Platform Home Loans Ltd all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to withdraw.

Maulden Conveyancing for Leasehold Flats - Examples of Questions you should ask before Purchasing

What restrictions are there in the Maulden Lease? Is there a share of the freehold? It is important to be aware if window replacement or some other major work is due in the near future that will be shared amongst the tenants and will dramatically increase the the maintenance costs or result in a one time invoice.

Are you able to clarify the scope of conveyancing supplied by Maulden conveyancing organisations?

For the most part Maulden conveyancing practices manage to supply a wide range of assistance to domestic and rural land owners, vendors, buyers, landlords and tenants assistingwith some of the following:

Home sale conveyancing in Maulden and across the country Residential purchase conveyancing in Maulden and further afield Planning and boundary enquiries Lifetime mortgages Leasehold conveyancing sales and purchases New Build Full and Part Exchange