We are a couple about to exchange contracts for a ground floor flat in Coniston. We have hit a problem. Our loan offer with Lloyds TSB Bank runs out on 7/4/2026 but the sellers are putting forward a completion date of 9/4/2026. Can one prolong the loan expiry date?
The best person to address this concern is your solicitors who will hopefully assess whether he or she is corresponding with the bank, vendor’s representatives, property agents or conceivably all three given the circumstances your house move to date.
We are buying a house and need a conveyancing solicitor in Coniston who is on the Co-operative conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Coniston.
Do the Building Society Association intend to launch a searchable register to to identify practices on the Loughborough BS conveyancing panel for example in Coniston?
We have not been informed any plans on the part of the BSA to develop such a register.
Am I right to be concerned that estate agents that I am dealing with are suggesting a web based conveyancing firm as opposed to a High Street Coniston conveyancing practice?
As with lots of professional services, often referrals from family and friends can be worth their weight in gold. Nevertheless there are many players in a conveyancing deal; estate agents, financial adviser and mortgage companies might all suggest solicitors to retain. Sometimes these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there is an underlying financial incentive behind the endorsement. You have the discretion to select your own lawyer. Don't forget that most mortgage providers have an approved list of conveyancers you are obliged to use for the mortgage aspect of your house move.
What are your top tips when it comes to appointing a Coniston conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a Coniston conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with two or three firms including non Coniston conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
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What are the costs for lease extension work?
I own a 1 bedroom flat in Coniston, conveyancing formalities finalised in 1996. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Coniston with over 90 years remaining are worth £221,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2096
With 70 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.
Can a conveyancer remove a name from the title of my home in Coniston ?
Removing or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer