We are about to exchange contracts for a garden flat in Hurstpierpoint. We encountered a stumbling block. Our loan offer with The Mortgage Works runs out on 20/8/2026 but the owners are putting forward a completion date of 24/8/2026. Is it possible to extend the mortgage expiry date?
The best person to address this concern is your conveyancer who will hopefully determine whether he or she is better off negotiating with the mortgage company, owner’s representatives, estate agents or conceivably all parties based on what has gone on in your transaction as of today.
We wish to acquire a purpose built flat in Hurstpierpoint with a homeloan from Skipton Building Society.We use our Hurstpierpoint conveyancing practitioner but Skipton Building Society says her practice is not listed on their "panel". It seems we are left with little choice but to instruct a Skipton Building Society panel solicitor or keep our preferred solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Skipton Building Society use our lawyer?
No, not really. The mortgage issued to you is subject to its various provisions, a common one being that lawyers will be on the Skipton Building Society solicitor panel. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Skipton Building Society
4 months have gone by following my purchase conveyancing in Hurstpierpoint concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. 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 property 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.
I am looking for a leasehold apartment up to £235,500 and identified one near me in Hurstpierpoint I like with amenity areas and railway links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in Hurstpierpoint for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the shortness of the lease will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
What tools are available to locate a Hurstpierpoint solicitor on the Alliance & Leicester conveyancing panel? I have a car and am prepared to travel upto 20miles to meet the lawyer.
You can use the search on this page. Please choose the mortgage company and your location and you will see a number of Hurstpierpoint conveyancing lawyers located nearest you. We have detailed some Hurstpierpoint conveyancing firms at the bottom of this page and you can ring them to check if they are on the Alliance & Leicester approved list
What is the reason for new build conveyancing in Hurstpierpoint being more expensive?
Conveyancing in Hurstpierpoint for recently converted or new build properties often involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual considerations.