We were just about to sign contracts for a semi detached house in Harmondsworth. We encountered a snag. Our mortgage offer with Godiva Mortgages Ltd expires on 24/2/2025 but the vendors are putting forward a completion date of 26/2/2025. Can one extend the loan offer?
The best person to deal with your question is your lawyer who should assess if they better off negotiating with the mortgage company, vendor’s conveyancers, property agents or conceivably all three given what has happend in your conveyancing to date.
I have a decision in principle. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would much rather use a Harmondsworth based conveyancing firm?
Do check but the chances are that appoint one of their panel solicitors should you take up the "fee-free" incentive. Call the bank to see if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Harmondsworth.
My wife and I are purchasing a apartment in Harmondsworth. I might seem paranoid but how we can trust a lawyer? At some point we have to deposit our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm the single beneficiary of my late grandmother’s estate and I have everything in my name now, including the house in Harmondsworth. Conveyancing formalities meant that the Land Registry date was in November. I now wish to sell up. I do know about the CML 6 month 'rule', which means that my proprietorship may be regarded the same way as though I had purchased the property in November. Do I have to wait 6 months to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How practical a view banks take of it, depend on the bank as this obligation is principally there to capture subsales or the quick reselling of property.
Two weeks ago we had a mortgage agreed in principle with Barclays. Harmondsworth conveyancing lawyers were instructed. How long does it take for Barclays to issue the offer to the lawyer?
There is no definitive answer here. Have Barclays conducted the valuation? Have you informed Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
What will a local search reveal regarding the property we're purchasing in Harmondsworth?
Harmondsworth conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search is essential in every Harmondsworth conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Harmondsworth is the location of the property. Can you shed any light on this issue?
Flying freeholds in Harmondsworth are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Harmondsworth you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harmondsworth may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My company is intending to take over a lease of a shop on the high street. Can you recommend conveyancers offering competitive costs for non-domestic conveyancing in Harmondsworth for below 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Harmondsworth, including the disposal and acquisition of businesses as well as simply property. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right firm. Regarding the fees these will vary based on the structure and terms of the proposed transaction. Please provide us with your contact information or email us so that we can provide you with a detailed commercial conveyancing calculation.