We were just about to sign contracts for a garden flat in Harmondsworth. We have hit a problem. Our mortgage offer with Nottingham Building Society runs out on 23/6/2025 but the vendors are suggesting a completion date of 25/6/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to address this question is your conveyancer who will assess whether he or she is corresponding with the bank, seller’s lawyers, estate agents or conceivably all three given what has happend in your house move to date.
Is there a reason why leasehold purchase conveyancing in Harmondsworth costs more?
The conveyancing costs on a leasehold property in Harmondsworth is often more expensive than on a freehold residence. This is because there is an amount of extra investigations necessary in liaising with the landlord and managing agents to collate the evidence concerning whether the rent and maintenance fee have been discharged and whether there are any major works due in the foreseeable future on repairs or maintenance of the building.
Will commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Harmondsworth?
Its becoming the norm that commercial conveyancing solicitors in Harmondsworth will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Harmondsworth. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Harmondsworth.
For each commercial conveyancing transaction in Harmondsworth it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Harmondsworth commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Harmondsworth.
It has been three months following my purchase conveyancing in Harmondsworth took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the encouragement of my in-laws I had a survey completed on a property in Harmondsworth before retaining lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some lenders tend not issue a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Harmondsworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Harmondsworth to see if the conveyancing costs will increase in light of this.
Completion is due on our sale of a £325,000 maisonette in Harmondsworth on Monday in a week. The management company has quoted £312 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Harmondsworth?
Harmondsworth conveyancing on leasehold apartments more often than not requires the buyer’s lawyer sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to respond to these enquiries most will be content to assist. They may invoice a reasonable administration fee for answering questions or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some cases it is above £800. The administration charge levied by the landlord must be sent together with a synopsis of rights and obligations in respect of administration fees, without which the charge is technically not due. Reality however dictates that you have little choice but to pay whatever is requested of you should you wish to complete the sale of your home.
We have reached the end of our tether in negotiating a lease extension in Harmondsworth. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Freehold Enfranchisement decision for a Harmondsworth premises is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case related to 2 flats. The unexpired residue of the current lease was 69 years.