We are a couple about to exchange contracts for a ground floor flat in Leighton Buzzard. We encountered a snag. The mortgage offer with The Royal Bank of Scotland expires on 24/9/2026 but the vendors are putting forward a completion date of 28/9/2026. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your issue is your conveyancer who will determine whether he or she is corresponding with the mortgage broker, owner’s representatives, estate agents or possibly all parties given what has happend in your conveyancing as of today.
We note that you have a search directory listing firms on the Clydesdale conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Leighton Buzzard?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Leighton Buzzard.
I have justbecome aware that Action Conveyancing have closed. They conducted my conveyancing in Leighton Buzzard for a purchase of a leasehold apartment 10 months ago. How can I check that my home is in my name in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Leighton Buzzard conveyancing specialists.
I am buying a new build house in Leighton Buzzard with a mortgage from Nationwide Building Society. The sellers refused to move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not to tell my conveyancer about this deal as it could put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Leighton Buzzard I like with amenity areas and transport links in the vicinity, however it only has 51 remaining years left on the lease. There is not much else in Leighton Buzzard for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
We expect to complete the disposal of our £475,000 garden flat in Leighton Buzzard on Thursday in a week. The management company has quoted £396 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Leighton Buzzard?
Leighton Buzzard conveyancing on leasehold maisonettes often necessitates the purchaser’s solicitor submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to respond to such questions most will be willing to assist. They may charge a reasonable charge for responding to enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is £350, in some cases it is above £800. The administration charge invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration fees, otherwise the invoice is technically not due. Reality however dictates that you have little option but to pay whatever is demanded should you wish to sell the property.
I acquired a 1 bedroom flat in Leighton Buzzard, conveyancing formalities finalised in 2002. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Leighton Buzzard with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ends on 21st October 2095
With 69 years remaining on your lease we estimate the price of your lease extension to be between £9,500 and £11,000 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.