We are about to sign contracts for a leasehold flat in Kempston. We encountered a snag. The mortgage offer with National Westminster Bank expires on 7/11/2025 but the vendors are insisting on a completion date of 11/11/2025. Can one prolong the mortgage offer?
The person best placed to address this issue is your lawyer who will assess if they better off negotiating with the mortgage company, owner’s representatives, estate agents or conceivably all parties taking into account what has happend in your conveyancing as of today.
Can you explain why leasehold purchase conveyancing in Kempston costs more?
Kempston leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We are purchasing a victorian detached house in Kempston. Our aim is to carry out an extension to the side at the house.Will legal due diligence on the property include investigations to determine if these works were previously refused?
Your conveyancer will review the registered title as conveyancing in Kempston will on occasion identify restrictions in the title documents which prevent categories of works or need the permission of another owner. Many extensions need local authority planning permissions and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.
We are getting the release of further monies on our home loan from Clydesdale as we intend to carry out a loft conversion to our house in Kempston. Do we need to choose a nearby Kempston solicitor on the Clydesdale conveyancing panel to deal with the paperwork?
Clydesdale don't usually appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale panel.
After shopping around on the internet I have found a Kempston conveyancing practitioner having checked that they are on the RBS conveyancing panel. Does my lawyer arrange the survey of the property?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Kempston surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
How does conveyancing in Kempston differ for newly converted properties?
Most buyers of new build property in Kempston approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because developers in Kempston usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kempston or who has acted in the same development.
Hoping to buy a property located in Kempston and I am already nervous. I couldn't find anything specific about Kempston. Conveyancing will be needed in due course but do you know about the Kempston area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kempston. In the meantime here are some basic statistics that we found
I note that you have a search directory listing law firms on the mortgage company conveyancing panel. Do Kempston conveyancing firms pay you a commission if I retain them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Kempston.