We are about to sign contracts for a ground floor flat in Elm Park. We encountered a snag. The mortgage offer with TSB runs out on 20/1/2025 but the owners are suggesting a completion date of 22/1/2025. Can one prolong the mortgage expiry date?
The best person to deal with your question is your lawyer who will determine whether they should be discussing with the mortgage company, vendor’s representatives, selling agents or possibly all parties based on the history of your transaction to date.
Various internet forums that I have come across warn that are the main reason for obstruction in Elm Park conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Elm Park.
How easy is it to switch solicitor as I have to select a firm on the HSBC Bank conveyancing panel. I instructed a local conveyancing solicitor in Elm Park round the corner but she is not accepted by HSBC Bank
It would be our pleasure to assist you find a conveyancing solicitor in Elm Park on the HSBC Bank panel. Please note that the solicitors that we work with do not pay us commission if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Elm Park. Using search facility on this website, you can compare charges for conveyancing solicitors in Elm Park and throughout England and Wales.
Am I best advised to go with a Elm Park conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can handle the legal work but they are based over three hundred miles drive away.
The benefit of a local Elm Park conveyancing firm is that you can visit the firm to sign documents, deliver your identification documents and pester them where appropriate. Having local Elm Park know how is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were impressed that must trump using an unfamiliar Elm Park conveyancing lawyer solely due to them being based in the area.
I have just started marketing my basement apartment in Elm Park. Conveyancing solicitors are to be appointed soon, but I have just had a quarterly service charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as you normally would as all rents and service invoices will be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents 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. This will smooth the conveyancing process.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Elm Park conveyancing firm to represent me?
Most definitely. We can put you in touch with a Elm Park conveyancing firm who can help.
An example of a Lease Extension case for a Elm Park premises is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 57.5 years.
We have selected a Elm Park conveyancing solicitor for our home move (novice purchasers) and have picked up in the terms and conditions that they are not covered by the Financial Conduct Authority. Should I be concerned or is that standard with conveyancer?
We can't see why they should be. Most conveyancing practitioner don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who dictate specific obligations regulating amounts held in their bank.