We are about to sign contracts for a property in Leven. We have hit a stumbling block. The mortgage offer with Leeds Building Society expires on 2/11/2026 but the vendors are putting forward a completion date of 4/11/2026. Is it possible to extend the loan expiry date?
The best person to deal with your question is your conveyancer who will assess whether they corresponding with the bank, seller’s conveyancers, selling agents or conceivably all parties given what has happend in your house move to date.
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial property in Leven?
Its becoming the norm that commercial conveyancing solicitors in Leven will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Leven. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Leven.
For every commercial conveyancing transaction in Leven it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Leven commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Leven.
I decided to have a survey carried out on a house in Leven ahead of retaining conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some banks tend refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leven. Conveyancing may be slightly more expensive based on your lender's requirements.
I am 14 days into a leasehold purchase having been directed to conveyancers by the high street agent to carry out the conveyancing in Leven. We are not happy. Could you help me find new lawyers?
They would need to be really poor in order to consider changing them. Has the mortgage been sent? If so you must inform them of the new contact details and get the loan are re-sent. Your conveyancer needs to be on the mortgage company approved list to avoid escalating expenses and complications. That should be your starting point. The search tool should help you find a bank approved lawyer for your home move in Leven
I own a leasehold house in Leven. Conveyancing and Skipton Building Society mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Leven who previously acted has now retired. Do I pay?
First contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. You do not need to instruct a Leven conveyancing firm to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I acquired a garden flat in Leven, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Leven with an extended lease are worth £180,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2085
With 59 years remaining on your lease we estimate the price of your lease extension to span between £20,900 and £24,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.
I happen to be an executor of my recently deceased aunt’s Will, with a property in Leven which is to be marketed. The bungalow has never been registered at the Land Registry and I'm told that many estate agents will insist that it is in place before they will proceed. What's the mechanism for this?
In the situation you refer to it seems sensible to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.