We are a couple about to exchange contracts for a ground floor flat in Lambeth. We encountered a stumbling block. Our mortgage offer with Alliance & Leicester runs out on 3/11/2025 but the vendors are putting forward a completion date of 5/11/2025. Can one prolong the loan expiry date?
The person best placed to deal with your question is your conveyancer who will hopefully calculate whether he or she is should be discussing with the lender, seller’s representatives, property agents or possibly all three given what has gone on in your house move as of today.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a residence in Lambeth? or Apparently there is a law dating back centuries that could mean that homeowners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this applicable for conveyancing in Lambeth?
Unless a prior purchase of the premises completed post 12 October 2013 you could take it that solicitors delivering conveyancing in Lambeth to remain encouraging a chancel search and or chancel repair liability insurance.
I decided to have a survey done on a house in Lambeth ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies will refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Lambeth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lambeth to see if the conveyancing will be more expensive.
Is it simple use the search tool to find a conveyancing solicitor in Lambeth on the panel for my lender?
Step one is to choose a mortgage company such as Accord Mortgages Ltd, Norwich and Peterborough Building Society or TSB then choose your location such as Lambeth. Conveyancing practices in Lambeth and nationally will then be shown.
My husband and I are novice buyers - had an offer accepted, but the property agent informed us that the owners will only move forward if we appoint their preferred lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Lambeth
We suspect that the owner is unaware of this ultimatum. Should the seller desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you intend to proceed fast (e)but you are going to use your preferred Lambeth conveyancing firm - not the ones that will provide the estate agent a introducer fee or achieve conveyancing targets pre-set by corporate headquarters.
We are considering using a web based lawyer ahead of a Lambeth conveyancing firm. Am I making a mistake?
Numerous benefits exist in having the opportunity to visit a local Lambeth conveyancing solicitor for example
- signing documents and and when necessary
- sometimes being able to speak to someone face-to-face can make a significant difference, particularly for more complex conveyancing
- the ability to complain if things go pear-shaped
When analysing quotes, look carefully for hidden extras. Most decent Lambeth high street solicitors give an all-inclusive price. Often online companies seem to offer discounted prices, yet have hidden 'extras' in the fine print.