We are about to exchange contracts for a garden flat in Abingdon. We have hit a stumbling block. Our mortgage offer with Aldermore expires on 21/12/2026 but the sellers are insisting on a completion date of 23/12/2026. Can one prolong the loan expiry date?
The person best placed to deal with your issue is your lawyer who will hopefully determine whether he or she is should be discussing with the lender, owner’s lawyers, property agents or possibly all three taking into account the history of your conveyancing to date.
we are a couple who intend to purchase a newly converted flat in Abingdon with a homeloan from Godiva Mortgages Ltd.We use our Abingdon conveyancing solicitor but Godiva Mortgages Ltd informed us her practice is not on their "panel". We have to appoint a Godiva Mortgages Ltd panel lawyer or keep our preferred solicitor and fork out for a Godiva Mortgages Ltd panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan offered to you contains terms and conditions, a common one being that lawyers will be on the Godiva Mortgages Ltd conveyancing panel. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
My relative recommended that where I am buying in Abingdon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Abingdon conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Abingdon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Abingdon Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Abingdon Education with plans and statistics, Local Amenities and other useful information about Abingdon.
About to purchase a new build apartment in Abingdon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Abingdon
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Abingdon is where the house is located. Is there any guidance you can impart?
Flying freeholds in Abingdon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Abingdon you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abingdon 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 premises.
There are a number of properties in Abingdon on private roads. My husband and I are purchasing such a property. Are there any benefits to purchasing a house on a private road?
Abingdon conveyancing lawyers will be well versed in dealing homeson private. The lawyer should investigate title to find any rights or liabilities. In many cases there is a management company (wholly owned by residents) that residents make annual payments for the upkeep of the road. If one exists, the road should be maintained and appear better than publicly maintained.