We are about to exchange contracts for a garden flat in Helsby. We encountered a stumbling block. Our mortgage offer with Nottingham Building Society runs out on 3/11/2025 but the owners are suggesting a completion date of 5/11/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to address this issue is your conveyancer who will calculate whether he or she is should be discussing with the lender, seller’s lawyers, property agents or conceivably all parties based on the circumstances your conveyancing to date.
I am the registered owner of a freehold residence in Helsby but nevertheless pay rent, why is this and what is this?
It is rare for properties in Helsby and has limited impact for conveyancing in Helsby but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
We are planning to purchase with Norwich and Peterborough Building Society. I called into 3 or 4 local companies yet am struggling to find a Helsby conveyancing firm on the Norwich and Peterborough Building Society panel. Could you assist?
You should take advantage of the search tool on this page. Pick the mortgage company and type Helsby or your preferred area and you will discover numerous solicitors located in Helsby or near you.
My wife and I are selling our house in Helsby and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Helsby lawyer would know that there is no such problem. It does beg the question why the buyers used an internet conveyancing practice as opposed to a conveyancing solicitor in Helsby. Having lived in Helsby for six years we know that this is a non issue. Do we contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I am buying my first flat in Helsby benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of extras instead. The sale representative told me not to tell my conveyancer about this deal as it could impact my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to instruct a conveyancing solicitor for some conveyancing in Helsby. I've stumble upon a site which seems to have the perfect answer If there is a chance to get all formalities done via phone that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?