We were just about to sign contracts for a freehold house in Chard. We have hit a stumbling block. Our loan offer with Britannia expires on 19/1/2026 but the vendors are suggesting a completion date of 21/1/2026. Can one extend the mortgage offer?
The best person to deal with your concern is your lawyer who should determine if they corresponding with the bank, vendor’s solicitors, estate agents or conceivably all three given the circumstances your house move to date.
What is your number one tip for choosing a conveyancing solicitor in Chard
It would be unwise to be tempted by the lowest Chard conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I am expecting a AIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Chard solicitors on the HSBC conveyancing panel, or is it better to go independently?
You will need to appoint Chard solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
The formalities of my remortgage has taken place for my property in Chard. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
A relative advised me that where I am buying in Chard I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Chard conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about Chard around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chard Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Chard.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Chard I like with a park and transport links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. There is not much else in Chard in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term will be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
My business partner and I are planning to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering competitive fees for commercial conveyancing in Chard for below £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Chard, including the sale and purchase of businesses as well as simply premises. If you are looking to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right firm. As for the fees this will depend on the structure and complexity of the deal. Please provide us with your details or telephone so as to enable us to provide you with a detailed commercial conveyancing calculation.
In searching the web for the phrase on line conveyancing in Chard it reveals numerous property lawyersin the vicinity. How do I determine which is the suitable conveyancer for the sale of my house?
The preferential method of choosing the right conveyancer is via personal recommendation, so enquire of colleagues and relatives who have bought a property in Chard or the reputable estate agent or mortgage broker. Charges for conveyancing in Chard differ, so it's sensible to request a minimum of three estimates from varying types of conveyancers. Dont forget to clarify that the fees are fixed.