We were just about to sign contracts for a semi detached house in Cilcain. We encountered a snag. The mortgage offer with Santander runs out on 28/10/2026 but the sellers are suggesting a completion date of 30/10/2026. Can one prolong the loan expiry date?
The person best placed to deal with your issue is your conveyancer who will calculate whether he or she is should be discussing with the mortgage company, owner’s solicitors, property agents or conceivably all parties given what has happend in your house move as of today.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Cilcain. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 28/8/2026, the requirements read as follows :
My wife and I are selling our home in Cilcain and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Cilcain. Having lived in Cilcain for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am purchasing a new build house in Cilcain with a loan from Birmingham Midshires. The builders refused to move on the amount so I negotiated 6k of extras instead. The house builders rep told me not inform my solicitor about this deal as it could impact my loan with Birmingham Midshires. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 need to appoint a conveyancing solicitor for residential conveyancing in Cilcain. I have land on a site which appears to be the perfect offering If it is possible to get all formalities done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I work for a reputable estate agency in Cilcain where we have experienced a number of leasehold sales jeopardised due to short leases. I have received contradictory information from local Cilcain conveyancing firms. Please can you clarify whether the seller of a flat can commence the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I acquired a 2 bed flat in Cilcain, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Equivalent properties in Cilcain with an extended lease are worth £195,000. The ground rent is £45 levied per year. The lease finishes on 21st October 2089
You have 63 years unexpired we estimate the price of your lease extension to range between £16,200 and £18,600 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.