We are about to exchange contracts for a ground floor flat in Hanham. We encountered a snag. Our loan offer with HSBC Bank expires on 10/4/2026 but the vendors are suggesting a completion date of 14/4/2026. Can one prolong the loan offer?
The best person to deal with your issue is your lawyer who should calculate whether he or she is corresponding with the bank, seller’s solicitors, property agents or conceivably all parties taking into account what has gone on in your house move to date.
I am assisting my mother sell her house in Hanham. Will the conveyancing solicitor arrange an energy performance certificate or it is for the owner to see to?
After the demise of Home Packs, EPC’s was retained a mandatory element of moving house. An energy assessment needs to be commissioned prior to the property being advertised. This is not a task that solicitors normally arrange. If you are instructing a Hanham conveyancing solicitor they might be willing to arrange energy performance certificates given their contacts with reputable Hanham assessors
Forgive me if this question is silly but I am new to the house moving as a 1st time buyer of a ground floor flat in Hanham. Do I pick up the keys to the premises on completion from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Hanham?
On the day of completion you do not need to attend the conveyancers office in Hanham. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s solicitors, and once they have received this, you will be able to pick up the keys from the Estate Agents and move into your new home. Usually this happens early afternoon.
We had appointed solicitors located in Hanham on the Skipton solicitor approved list. They have just billed me a supplemental amount for dealing with the Skipton mortgage. Is this a supplemental conveyancing fee specified by Skipton?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your conveyancer can levy a fee for this. This fee is not dictated by Skipton but by your Hanham solicitor. Numerous firms on the Skipton panel will quote ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.
A friend recommended that if I am purchasing in Hanham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Hanham conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Hanham around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hanham Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Hanham.
How does conveyancing in Hanham differ for newly converted properties?
Most buyers of new build premises in Hanham come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Hanham tend to buy the land, 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 conveyancers 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 Hanham or who has acted in the same development.
I've recently bought a leasehold property in Hanham. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Hanham Leasehold Conveyancing - Examples of Questions you should ask Prior to Purchasing
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Please note that where the lease has fewer than eighty years it will impact the marketability of the apartment. Check with your bank that they are willing to lend given the lease term. A short lease means that you will probably have to extend the lease sooner rather than later and you need to have some idea of how much this will be. Remember, in most cases you will be required to have owned the property for 24 months in order to be eligible to carry out a lease extension. Who takes responsibility for maintaining and repairing the building? You will want to discover as much as possible concerning the managing agents as they will either make living at the property much simpler or uncomfortable. As the owner of a leasehold property you are frequently in the clutches of the managing agents both financially and when it comes to practical issues such as the upkeep of the communal areas. Ask prospective neighbours what they think of their service. In conclusion, be sure you discover the dates that the service charges are due to the appropriate party and specifically how they are spending that money.
After what seems like an age a mortgage offer from a lender for the remortgage of my 2 bedroom maisonette is expected imminently. Are you able to suggest an efficient remortgage conveyancing practitioner in Hanham ?
You are on the wrong site if you are in need of the cheapest conveyancing solicitors in Hanham. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing companies offering £99 conveyancing in Hanham.In your best case scenario, in opting for cheap conveyancing, you will end up with what you pay for and at worst you will end up invoiced for additional fee and still not receive the service you were looking for.