We were just about to exchange contracts for a ground floor flat in Cheddleton. We have hit a snag. The loan offer with Barclays runs out on 2/6/2025 but the sellers are putting forward a completion date of 4/6/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this concern is your conveyancer who will hopefully determine if they better off negotiating with the mortgage broker, owner’s lawyers, property agents or indeed all three based on what has happend in your transaction to date.
We are buying a flat and require a conveyancing solicitor in Cheddleton who is on the HSBC approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Cheddleton.
About to purchase a new build apartment in Cheddleton. Conveyancing is daunting 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 few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Cheddleton
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Cheddleton I like with open areas and transport links nearby, however it only has 61 years on the lease. I can't really find anything else in Cheddleton for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 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 current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
Is there anything unique about your site and alternative internet conveyancing brokers for conveyancing in Cheddleton?
At this site secure a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Cheddleton. As opposed to estate agents and many comparison sites we do not operate commission deals with solicitors. Some agents and online brokers 'recommend' the firm that pays the highest per referral, rather than the best value conveyancing in Cheddleton
Due to sign contracts shortly on a garden flat in Cheddleton. Conveyancing solicitors assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Cheddleton should include some of the following:
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You should know whether the lease allows you to change or upgrade aspects of the premises- you must be made aware as to whether it applies to all alterations or just structural alteration, and whether consent is required The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Who has the liability for repairing the window frames Whether your lease provides for a slush fund? You should have a good understanding of the insurance obligations
Leasehold Conveyancing in Cheddleton - Examples of Questions you should ask before Purchasing
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How many years are left on the lease? Please inform me if there are any major works on the horizon that will add a premium to the maintenance charges? How much is the annual service fee and ground rent?