We were just about to exchange contracts for a semi detached house in Crewkerne. We encountered a problem. Our loan offer with Barnsley Building Society runs out on 30/12/2025 but the sellers are suggesting a completion date of 2/1/2026. Can one extend the mortgage offer?
The person best placed to deal with your issue is your lawyer who will assess whether they should be discussing with the bank, vendor’s solicitors, property agents or indeed all parties based on the circumstances your transaction as of today.
I have been referred to a conveyancing solicitor in Crewkerne. I need to find out whether they are accepted on the National Westminster Bank conveyancing panel. Can you advise?
You should e-mail the conveyancer and ask them whether they can act for the lender. Alternatively please get in touch with National Westminster Bank who may be able to help.
It has been 2 months following my purchase conveyancing in Crewkerne took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build apartment in Crewkerne. Conveyancing is a frightening process 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.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Crewkerne
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Due to the input of my in-laws I had a survey completed on a property in Crewkerne prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend refuse to give a loan on this type of home.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Crewkerne. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Crewkerne to see if the conveyancing will be more expensive.
I'm refinancing my current home to a BTL mortgage with TSB and I will use the ballance of the raised equity as a down payment on further house. The location we are looking at is Crewkerne. Will your solicitors be able to act for the two lenders and link together the transactions?
Do use our search tool on this site to be sure that the conveyancers are on the relevant lender panels. On the basis that they are the conveyancer will be able to connect the two transactions but you should talk with you solicitor and specify your desired outcome and needs.