We were just about to exchange contracts for a semi detached house in Clerkenwell. We have hit a stumbling block. The mortgage offer with Virgin Money runs out on 2/6/2025 but the vendors are putting forward a completion date of 4/6/2025. Can one prolong the mortgage offer?
The person best placed to deal with your question is your lawyer who should determine if he or she is corresponding with the lender, seller’s representatives, estate agents or conceivably all parties taking into account what has happend in your house move as of today.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would prefer to use a specialised conveyancing solicitor in Clerkenwell?
You should check but the chances are that appoint one of their panel conveyancers where you accept the "fee-free" offer. Call the bank to ask if they make available a monetary alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Clerkenwell.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in Clerkenwell? or I am told that there is a law dating back centuries that could mean that owners of property living in a parish church boundary will be compelled to pay for repairs towards the chancel within the church. Is this a legitimate concern for conveyancing in Clerkenwell?
Unless a prior purchase of the house completed after 12 October 2013 you can take it that solicitors handling conveyancing in Clerkenwell to remain encouraging a chancel search and or insurance against a claim.
Just had an offer accepted on a new build apartment in Clerkenwell. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Clerkenwell
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Clerkenwell and how can you help?
The 1954 Act gives a safeguard to business leaseholders, giving them the legal entitlement to make a request to court for a new lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Clerkenwell
I am buying a house and require a conveyancing solicitor in Clerkenwell who is on the lender conveyancing panel. Can you recommend a Clerkenwell or local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who do conveyancing in Clerkenwell. We dont recommend any particular firm.