We are a couple about to sign contracts for a semi detached house in Bayswater. We encountered a stumbling block. Our mortgage offer with Lloyds TSB Bank runs out on 14/4/2025 but the vendors are suggesting a completion date of 16/4/2025. Can one extend the loan expiry date?
The best person to address this concern is your solicitors who will hopefully calculate whether they better off negotiating with the mortgage broker, seller’s representatives, property agents or indeed all parties taking into account the circumstances your house move as of today.
Various online forums that I have visited warn that are a common reason for obstruction in Bayswater house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Bayswater.
I am buying a new build apartment in Bayswater. Conveyancing is a frightening process 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.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Bayswater
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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.
I am looking to sell my house. My past conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Bayswater if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Bayswater. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Estate agents have just been given the go-ahead to market my garden apartment in Bayswater. Conveyancing lawyers have not yet been instructed, but I have recently received a yearly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the invoice as usual given that all ground rent and maintenance invoices should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Bayswater conveyancing firm to represent me?
Absolutely. We are happy to put you in touch with a Bayswater conveyancing firm who can help.
An example of a Lease Extension decision for a Bayswater premises is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case related to 1 flat. The unexpired term was 37.79 years.
How do I find a Bayswater conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to twentykilometers to attend the solicitor.
You can use the find a conveyancing panel search on this website. Please choose the lender and your location, in this case Bayswater and you will see a number of lawyer located nearest Bayswater. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.