We were just about to exchange contracts for a ground floor flat in Hartburn. We have hit a stumbling block. The loan offer with Accord Mortgages Ltd expires on 9/9/2025 but the vendors are putting forward a completion date of 11/9/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your issue is your lawyer who will hopefully assess if they corresponding with the bank, owner’s conveyancers, estate agents or conceivably all parties based on the circumstances your transaction to date.
I am purchasing a right to buy a flat in Hartburn. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Hartburn you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Hartburn.
I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Hartburn for a purchase of a freehold house 9 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hartburn conveyancing specialists.
Due to the guidance of my in-laws I had a survey completed on a house in Hartburn ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some banks will refuse to issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hartburn. Conveyancing will be smoother if you use a solicitor in Hartburn especially if they are accustomed to such properties in Hartburn.
Do you have any advice for leasehold conveyancing in Hartburn with the purpose of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Hartburn can be avoided where you appoint lawyers the minute you market your property and ask them to collate the leasehold information needed by the buyers’ representatives. If you have had any disputes with your landlord or managing agents it is essential that these are resolved before the property is put on the market. The buyers and their solicitors will be warry about purchasing a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is clearly preferable to present the dispute as historic rather than unsettled. A minority of Hartburn leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. Many freeholders or Management Companies in Hartburn charge for supplying management packs for a leasehold home. You or your lawyers should find out the actual amount of the charges. The management pack sought on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Hartburn. You believe that you know the number of years remaining on your lease but it would be wise to verify this by asking your conveyancers. A purchaser's lawyer will be unlikely to recommend their client to where the remaining number of years is under 75 years. In the circumstances it is important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.
Hartburn Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing
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The prefered form of lease arrangement is a share of the freehold. In this arrangement the leaseholders enjoy control and even though a managing agent is usually employed where it is bigger than a house conversion, the managing agent is directed by the tenants. Who manages the building? On the whole the cost for major works are not incorporated into the service charges, although a few managing agents in Hartburn require leaseholders to pay into a sinking fund and this is used to offset against larger works.
Is planning permission necessary to change a house into multiple flats in Hartburn? This has been done to a house next door to a relative in Hartburn and was not aware of it happening until it was done.
Planning Consent yes. Building Regulations yes.