We are about to sign contracts for a property in Blackfen. We encountered a problem. Our loan offer with TSB expires on 29/12/2026 but the owners are suggesting a completion date of 31/12/2026. Is it possible to prolong the mortgage offer?
The best person to deal with your issue is your solicitors who will assess if they should be discussing with the bank, owner’s solicitors, selling agents or conceivably all three based on the history of your conveyancing to date.
Various internet forums that I have come across warn that are a common reason for stalling in Blackfen house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Blackfen.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who conducted the conveyancing in Blackfen 4 years ago no longer exist. What are my options?
Nowadays there are duplicates made of almost everything, and your conveyancer will be aware precisely where to locate all the suitable documentation so you can buy or dispose of your house without any difficulty. If copies are not available, your solicitor may be able to put in place insurance or indemnities protecting you against future claims on your property.
I am purchasing a new build house in Blackfen with the aid of help to buy. The developers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not disclose to my conveyancer about this extras as it may adversely affect my loan with the bank. Do I keep my lawyer in the dark?.
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 UK Finance website. UK Finance 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 opted to have a survey completed on a property in Blackfen prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some banks may refuse to issue a loan on this type of home.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Blackfen. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Blackfen to see if the conveyancing will be more expensive.
In what way can the Landlord & Tenant Act 1954 affect my commercial property in Blackfen and how can you help?
The 1954 Act provides security of tenure to commercial leaseholders, giving them the dueness to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Blackfen