We were just about to exchange contracts for a freehold house in Cranham. We encountered a stumbling block. The loan offer with The Royal Bank of Scotland expires on 23/6/2025 but the sellers are suggesting a completion date of 25/6/2025. Can one extend the mortgage offer?
The best person to address this concern is your solicitors who will assess whether they corresponding with the mortgage company, owner’s representatives, estate agents or indeed all parties taking into account the history of your transaction to date.
I need some quick conveyancing in Cranham as I am under a deadline to complete within 4 weeks. A home loan is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are not taking a home loan you are at liberty not to do searches although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Cranham the following are instances of what can be revealed and adversely affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
I am looking for a ground for flat up to £235,500 and found one near me in Cranham I like with a park and railway links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Cranham suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage that many years may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you can 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 existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I was recommended by a number of estate agents in Cranham to get a quote from a property lawyer on your site. Is there a financial upside for Estate Agents to promote your services rather than another?
We refuse to make any referral fee for directing people in our direction. We found it would be just too difficult a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are novice buyers - had an offer accepted, yet the property agent informed us that the seller will only go ahead if we use the agent's preferred lawyers as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer used to conveyancing in Cranham
We suspect that the seller is unaware of this ultimatum. Should the seller require ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you are going to appoint your own,trusted Cranham conveyancing firm - as opposed tothe ones that will earn the negotiator at the agency a referral fee or hit his conveyancing thresholds set by senior management.
I have just started marketing my garden apartment in Cranham.Conveyancing is yet to be initiated however I have just received a quarterly service charge demand – Do I pay up?
It best that you discharge the maintenance contribution as usual because all rents and maintenance charges will be allottedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process