We are about to sign contracts for a leasehold flat in Hinckley. We have hit a snag. The mortgage offer with Platform Home Loans Ltd runs out on 5/2/2026 but the vendors are suggesting a completion date of 9/2/2026. Can one prolong the mortgage expiry date?
The best person to deal with your concern is your solicitors who should assess if he or she is should be discussing with the lender, owner’s conveyancers, estate agents or indeed all three given what has gone on in your transaction to date.
I am in the process of remortgaging my house in Hinckley, does my lawyer have to be on the Santander Conveyancing panel?
There is nothing to stop you using your solicitor, but Santander will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Are all Hinckley Conveyancing Quality Solicitors on the TSB conveyancing panel?
It is true that some banks and building societies now use CQS as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
Does a directory service exist listing RBS panel conveyancers in Hinckley on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings viewable on the web. If you are looking for a Hinckley property lawyer on the RBS please use our facility.
Completion of my purchase has taken place for my property in Hinckley. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
As co-executor for the estate of my aunt I am selling a house in Neath but live in Hinckley. My solicitor (based 300 kilometers awayneeds me to execute a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Hinckley to attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Hinckley based
Last July I purchased a leasehold flat in Hinckley. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee 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. It is an essential part 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).
Leasehold Conveyancing in Hinckley - Sample of Questions you should ask before buying
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Is there a share of the freehold? The best form of lease arrangement is a share of the freehold. In this situation the tenants have control and notwithstanding that a managing agent is frequently employed if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Is anyone aware of any major works in the planning that will add a premium to the maintenance fees?
Estate agents have just been given the go-ahead to market my garden flat in Hinckley.Conveyancing lawyers have not yet been instructed but I have just had a yearly maintenance charge demand – Do I pay up?
It best that you discharge the service charge as you normally would as all rents and maintenance charges should be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process