We were just about to sign contracts for a leasehold flat in Hurstpierpoint. We encountered a problem. Our mortgage offer with Coventry Building Society expires on 19/10/2026 but the vendors are suggesting a completion date of 21/10/2026. Is it possible to extend the loan expiry date?
The best person to deal with your question is your lawyer who will calculate whether he or she is corresponding with the bank, vendor’s representatives, estate agents or conceivably all three given what has gone on in your house move as of today.
My uncle passed away last year and as sole heir and executor I was left the house in Hurstpierpoint. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
If you intend to refinance then Co-operative will require that you use a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
I am buying a 4 bedroom semi-detached house in Hurstpierpoint. The intention is to convert the garage to an office at the house.Will the conveyancing process include enquiries to determine if these works are prohibited?
Your property lawyer will review the registered title as conveyancing in Hurstpierpoint will sometimes identify restrictions in the title deeds which restrict categories of alterations or need the permission of a 3rd party. Many additions call for local authority planning permissions and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Are all Hurstpierpoint Conveyancing Quality Solicitors on the Skipton conveyancing panel?
A selection of banks and building societies now utilise CQS as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.
We were going to get a DIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Hurstpierpoint solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Hurstpierpoint solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
The deeds to our home are lost. The conveyancers who did the conveyancing in Hurstpierpoint 10 years ago are no longer around. What are my next steps?
As long as you have a registered title the information relating to your proprietorship will be retained by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, find your property and get current copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will in most cases hold a certified copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
I decided to have a survey carried out on a house in Hurstpierpoint ahead of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies will not give a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you e-mail us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hurstpierpoint. Conveyancing may be slightly more expensive based on your lender's requirements.
I’m about to sell my 2 bed flat in Hurstpierpoint. Conveyancing is yet to be initiated, however I have recently had a yearly service charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as you normally would because all rents and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until 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. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a garden flat in Hurstpierpoint, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar properties in Hurstpierpoint with an extended lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2102
With 76 years left to run the likely cost is going to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.