We were just about to exchange contracts for a property in Beeston. We have hit a stumbling block. The mortgage offer with Alliance & Leicester runs out on 21/8/2026 but the owners are putting forward a completion date of 25/8/2026. Can one extend the loan offer?
The person best placed to deal with your question is your solicitors who is in a position to assess whether they better off negotiating with the lender, owner’s representatives, estate agents or possibly all three based on the circumstances your transaction to date.
My aunt passed away 10 months ago and as sole heir and executor I was left the property in Beeston. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Santander will require that you use a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
I bought my home on 14 August and my personal details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Beeston said it will be dealt with in a couple of weeks. Are transfers in Beeston particularly slow to register?
There is nothing unique when it comes to conveyancing in Beeston registration formalities. Rather than based on location, timescales can adjust subject to who lodges the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. As of today approximately three quarters of submission are completed in less than three weeks but occasionally there can be protracted hold-ups. Registration is effected once the new owner is living at the property therefore 'speed' is not always primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for an expedited registration.
I'm purchasing a new build house in Beeston with a loan from Lloyds TSB Bank. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not inform my conveyancer about this deal as it will affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a simple, no chain conveyancing. Beeston is the location of the property. Is there any guidance you can impart?
Flying freeholds in Beeston are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Beeston you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Beeston 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 residence.
I'm converting the mortgage on my existing property to a BTL loan with Barclays and intend to use the remaining equity towards further property. The location we are interested in is Beeston. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Assuming that they are your conveyancer will be able to tie up the two transactions but you should talk with you lawyer and specify your expectations and needs.