We are a couple about to exchange contracts for a ground floor flat in Daventry. We encountered a stumbling block. The mortgage offer with Lloyds TSB Bank expires on 22/1/2026 but the vendors are insisting on a completion date of 26/1/2026. Is it possible to prolong the loan expiry date?
The best person to address this question is your solicitors who will determine if they corresponding with the bank, seller’s conveyancers, selling agents or conceivably all three given the history of your transaction as of today.
I have justbeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Daventry for a purchase of a freehold house 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Daventry conveyancing specialists.
How does conveyancing in Daventry differ for newly converted properties?
Most buyers of new build residence in Daventry come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Daventry tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Daventry or who has acted in the same development.
I opted to have a survey done on a property in Daventry in advance of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may not grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Daventry. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my grandfather I am selling a residence in Swansea but reside in Daventry. My solicitor (approximately 260 kilometers from merequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Daventry who can witness this legal document for me?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Daventry based
I pay a service charge for my first floor flat in Daventry. As a result of flawed financial planning I slipped behind with remittance. I negotiated a payment plan but there is still three grand currently outstanding.
I now wish to sell and I am panicking this could threaten to derail the sale if I have to pay off the arrears in advance. I'd like to sell up and then pay them back with the completion monies - is this possible?
The lawyer handing your Daventry sale should be able to negotiate with the management company, and agree with them whether or not they would accept settlement out of the completion monies. Here is indicative of why it is sensible to appoint a property lawyer in Daventry as they may well have an established relationship with the parties.