We are about to sign contracts for a semi detached house in Ashtead. We have hit a problem. Our loan offer with Virgin Money runs out on 6/2/2026 but the owners are insisting on a completion date of 10/2/2026. Can one extend the loan expiry date?
The best person to address this question is your solicitors who will determine whether he or she is better off negotiating with the lender, owner’s lawyers, property agents or possibly all three taking into account the history of your conveyancing as of today.
Why is leasehold purchase conveyancing in Ashtead is more expensive?
In short, leasehold conveyancing in Ashtead and Surrey usually warrants extra due diligence compared to freehold conveyancing. This includes lease investigation, liaising with the landlord about the service of required notices, procuring current service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first entered into.
I am purchasing a property and require a conveyancing solicitor in Ashtead who is on the Nationwide Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Ashtead. We dont recommend any particular firm.
How does conveyancing in Ashtead differ for new build properties?
Most buyers of new build or newly converted property in Ashtead approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is built. This is because house builders in Ashtead tend to acquire the real estate, 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 Ashtead or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Ashtead is the location of the property. Is there any guidance you can give?
Flying freeholds in Ashtead are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ashtead 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 Ashtead may ascertain 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.
Given that I am about to part with hundreds of thousands of pounds on a property in Ashtead I would like to have a conversation with the solicitor regarding thetransaction before instructing the firm. Is this something that you can arrange?
This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you speaking to the solicitor due to be carrying out your property ownership legalities in Ashtead.There is no ‘factory style conveyancing’ - every client is an important person, not a file reference. The law firms that we put you in touch with believe that the fees you are quoted for your conveyancing in Ashtead should be the figure that you are charged.