We were just about to sign contracts for a garden flat in Downend. We have hit a stumbling block. The mortgage offer with The Royal Bank of Scotland runs out on 23/1/2026 but the sellers are insisting on a completion date of 27/1/2026. Is it possible to extend the mortgage offer?
The best person to deal with your issue is your solicitors who will calculate if he or she is better off negotiating with the lender, seller’s conveyancers, selling agents or conceivably all parties given the circumstances your house move to date.
Is there a reason why leasehold purchase conveyancing in Downend costs more?
Downend leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We are selling our property in Downend and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers used an online conveyancing practice rather than a conveyancing solicitor in Downend. Having lived in Downend for six years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one near me in Downend I like with amenity areas and railway links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Downend for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Downend and how can your lawyers assist?
The 1954 Act gives a safeguard to commercial lessees, giving them the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Downend
In my capacity as executor for the will of my aunt I am disposing of a property in Monmouth but I am based in Downend. My conveyancer (approximately 250 miles awayneeds me to execute a stat dec prior to completion. Can you recommend a conveyancing practitioner in Downend who can attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Downend