We are about to sign contracts for a semi detached house in Crook Log. We encountered a stumbling block. Our mortgage offer with Leeds Building Society expires on 14/7/2025 but the vendors are insisting on a completion date of 16/7/2025. Can one extend the mortgage expiry date?
The best person to address this concern is your solicitors who should determine whether they should be discussing with the mortgage broker, vendor’s lawyers, selling agents or possibly all three taking into account what has gone on in your transaction as of today.
Can I be sure that the Crook Log conveyancing solicitor on the Coventry BS panel is any good?
When it comes to conveyancing in Crook Log seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction.
I am purchasing a property in Crook Log. A rare aspect is that the roof has a solar panel. Barclays have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Barclays your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Barclays. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Barclays where a lease does not meet these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not isolated to Crook Log.
I can not fathom if my mortgage offer requires a lease extension. I have telephoned my Crook Log building society branch on various occasions and was reassured it wasn't an issue and they will lend. My Crook Log conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
As long as the conveyancing practitioner is on the mortgage company approved list, she or he must follow the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am purchasing a property and the solicitor has referenced Chancel Repair for which the house could be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this strictly appropriate for conveyancing in Crook Log
Unless a prior purchase of the house took place after 12 October 2013 you could assume that lawyers carrying out conveyancing in Crook Log to continue to recommend a chancel search and or chancel repair liability policy.
I purchased a terraced Georgian property in Crook Log. Conveyancing practitioner acted for me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Crook Log and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing solicitor who carried out the work.
What does commercial conveyancing in Crook Log cover?
Commercial conveyancing in Crook Log covers a wide array of services, offered by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My father-in-law has recommend that I instruct his lawyers for conveyancing in Crook Log. Should I use them?
There are no two ways about it the ideal way to find a conveyancing practitioner is to seek feedback from friends or relatives who have previously instructed the conveyancer you're are thinking of instructing.