We were just about to exchange contracts for a property in Eden Park. We encountered a snag. Our mortgage offer with National Westminster Bank expires on 14/9/2026 but the vendors are insisting on a completion date of 16/9/2026. Is it possible to extend the mortgage expiry date?
The best person to address this question is your conveyancer who should assess if he or she is should be discussing with the mortgage broker, owner’s lawyers, property agents or possibly all three taking into account the circumstances your transaction as of today.
Why do I have to pay up front when it comes to conveyancing in Eden Park?
Where you are retaining lawyers for conveyancing in Eden Park your solicitor will request that you place them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the sale price then this will be needed shortly in advance of contracts are exchanged. The closing balance that is needed should be sent to your lawyer a couple of days prior to the completion date.
We have agreed to purchase a house in Eden Park. One unusual aspect is that the roof has a solar panel. Aldermore have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Aldermore your lawyer must follow the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and lawyers are required to report to Aldermore where a lease fails to satisfy these specifications. The specifications relate to the installation of panels on properties in England and Wales and is not restricted to Eden Park.
Intending to buy a maisonette in Eden Park. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Eden Park conveyancer is on the Nationwide conveyancing panel.
I've digested plenty of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Eden Park solicitor - who is on the Skipton conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Eden Park surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Eden Park? or I am told that there is a law dating back centuries that could mean that house owners living in a parish church boundary may be liable to contribute towards maintenance to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Eden Park?
Unless a previous acquisition of the premises took place after 12 October 2013 you could assume that conveyancing practitioners handling conveyancing in Eden Park to continue to advocate a chancel search and or chancel repair liability policy.
I have been advised by a couple of local selling agents in Eden Park to locate a property lawyer on your site. Is there a financial incentive for Estate Agents to market your site ahead of alternative conveyancing organisations?
We refuse to give any commission for directing people in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Eden Park. Conveyancing solicitors are to be appointed soon, but I have recently had a quarterly service charge demand – should I leave it to the buyer to sort out?
It best that you discharge the service charge as usual given that all rents and maintenance charges should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until 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. Having a clear account will assist your cause and will leave you no worse off financially.
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Eden Park conveyancing firm to help?
in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to judgment on the price.
An example of a Freehold Enfranchisement decision for a Eden Park flat is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case was in relation to 2 flats. The unexpired residue of the current lease was 76.75 and 88.83.