We are about to exchange contracts for a leasehold flat in Manningtree. We encountered a snag. Our loan offer with The Royal Bank of Scotland runs out on 1/4/2026 but the owners are insisting on a completion date of 7/4/2026. Can one prolong the mortgage offer?
The person best placed to deal with your question is your solicitors who will determine whether they better off negotiating with the mortgage company, vendor’s conveyancers, selling agents or conceivably all three based on the history of your house move to date.
In what way does my ID and proof of funds have anything to do with my conveyancing in Manningtree? Why is this being asked of me?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the ID of the person or body they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to supply ID verification documents, your lawyer can not take you on as a client.
My aunt passed away six months ago and as sole heir and executor I was left the house in Manningtree. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this possible?
Given you plan to refinance then RBS will require that you use a conveyancer on the RBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your RBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the RBS mortgage is registered as a charge at the Land Registry.
Should commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in Manningtree?
Many commercial conveyancing solicitors in Manningtree 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 Manningtree. The search result sets out definitive information 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 Manningtree.
For each commercial conveyancing transaction in Manningtree it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Manningtree commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Manningtree.
About to purchase a new build flat in Manningtree. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Manningtree
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There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Finally our conveyancing in Manningtree is completing next Friday, yet the owners I am purchasing from wants to move out 24 hours later at noon. Do I accept such a plan?
Where you are having a bank loan then your solicitor will require that the property isvacant on Friday - the lending institution will compel it.