We are a couple about to exchange contracts for a ground floor flat in Bow. We encountered a stumbling block. The mortgage offer with Leeds Building Society runs out on 24/2/2026 but the sellers are putting forward a completion date of 26/2/2026. Can one extend the loan expiry date?
The best person to deal with your concern is your conveyancer who will hopefully determine if he or she is better off negotiating with the mortgage broker, seller’s solicitors, selling agents or conceivably all three based on the circumstances your house move to date.
We see that you have a post code search directory identifying solicitors on the Co-operative conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Bow?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bow.
My relative recommended that if I am buying in Bow I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard Bow conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about Bow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Bow.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who conducted the conveyancing in Bow 5 years ago have long since closed. Will I be able to sell the house?
Nowadays there are duplicates made of almost everything, and your conveyancer should be aware precisely where to look for all the appropriate documentation so you can buy or dispose of your property without a hitch. Where duplicates are not available, your solicitor may be able to put in place insurance or indemnities against future claims on the premises.
Over the last few months I have been searching for a flat up to £195,000 and identified one close by in Bow I like with open areas and transport links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Bow in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
I'm refinancing my existing house to a buy to let loan with HSBC Bank and intend to use the remaining equity as a down payment on further property. The location we are looking at is Bow. Will your lawyers be able to act for both sets of mortgage companies and tie in the two deals?
Make use of our search tool on this page to be sure that the conveyancers are approved by both mortgage companies. On the basis that they are your lawyer should be able to tie up the two transactions but you should have a chat with you solicitor and specify your desired outcome and needs.