We are a couple about to exchange contracts for a leasehold flat in Leiston. We encountered a stumbling block. The loan offer with Britannia expires on 11/2/2025 but the owners are suggesting a completion date of 13/2/2025. Can one extend the mortgage expiry date?
The best person to address this concern is your solicitors who will assess if he or she is better off negotiating with the mortgage broker, vendor’s representatives, estate agents or possibly all three based on what has happend in your house move as of today.
I am buying a property and the conveyancer has referenced Chancel Repair for which the house may be obligated to pay given it’s proximity to the area of such a church. She has suggested insurance. Is this really necessary for conveyancing in Leiston
Unless a previous acquisition of the premises completed after 12 October 2013 you could expect lawyers conducting conveyancing in Leiston to continue to suggest a chancel search and or chancel repair liability policy.
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who did the conveyancing in Leiston 4 years ago are no longer around. What do I do?
These day there are duplicates made of almost everything, and your conveyancer should be aware exactly where to look for all the suitable documentation so you may buy or dispose of your house without any difficulty. Where copies can’t be found, your lawyer may be able to put in place insurance or indemnities against future claims on your property.
How does conveyancing in Leiston differ for newly converted properties?
Most buyers of new build property in Leiston contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because builders in Leiston typically acquire 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 property lawyers 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 Leiston or who has acted in the same development.
My husband and I are first time buyers - had an offer accepted, but the agent has warned us that the vendor will only move forward if we appoint their chosen solicitors as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer with experience of conveyancing in Leiston
We suspect that the owner is not behind this demand. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Leiston conveyancing lawyers - as opposed tothe ones that will give the estate agent a introducer fee or meet his conveyancing figures pre-set by corporate headquarters.
My estate agent has suggested using their property lawyer for my conveyancing in Leiston - Is it not simpler advisable to just use them?
It is worth checking if the selling agent is recommending a solicitor or introducing to a conveyancing practitioner. There are plenty of Leiston selling agents who recommend two or three Leiston conveyancing firms and get nothing from it.