We are about to sign contracts for a property in Mitcheldean. We encountered a problem. The mortgage offer with Santander runs out on 2/3/2026 but the owners are insisting on a completion date of 4/3/2026. Is it possible to prolong the loan expiry date?
The best person to address this concern is your conveyancer who is in a position to determine whether they better off negotiating with the mortgage broker, seller’s conveyancers, property agents or conceivably all three taking into account the history of your transaction to date.
We just had an offer accepted to buy with Loughborough BS. We have called around locally but am unable to find a Mitcheldean conveyancing firm on the Loughborough BS approved list. Could you help?
Please do make the most of the find a conveyancing panel solicitor tool on this site. Please choose the lender and type Mitcheldean or your preferred area and you will discover a number of lawyer located in Mitcheldean or near you.
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Mitcheldean. Do I receive the keys to the property on the completion date from my solicitor? If this is the case, I will use a local conveyancing solicitor in Mitcheldean?
On the day of completion you will not be required to attend the conveyancers office in Mitcheldean. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you will be invited to receive the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
I'm the single recipient of my late grandmother’s estate with all property in now in my sole name, including the my former home in Mitcheldean. Conveyancing formalities meant that the Land Registry date was in November. I plan to dispose of the house. I do know about the CML six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the property in November. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How sensible a view lenders take of it, depend on the mortgage company as this provision chiefly exists to identify the purchase and immediately sell or the wholesaling and assigning of property.
We previously selected conveyancing lawyers located in Mitcheldean on the Skipton solicitor panel. They have just invoiced me an additional charge for handling the Skipton mortgage. Is this a supplemental conveyancing fee specified by Skipton?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your conveyancer may levy a fee for this. The charge is not set by Skipton but by your Mitcheldean property lawyer. Plenty of firms on the Skipton panel will levy ’dealing with mortgage’ fee and others do not.
In searching the world wide web for the words cheap conveyancing in Mitcheldean it reveals many conveyancersin the area. How do I determine which is the suitable property lawyer for purchase transaction?
The preferential way of choosing a suitable conveyancer is via trusted testimonial, so seek the counsel of colleagues and family who have acquired a property in Mitcheldean or the local estate agent or mortgage broker. Charges for conveyancing in Mitcheldean vary, so it's sensible to obtain at least four quotes from different property lawyers. Be sure to obtain confirmation that the fees are fixed.
Can you provide any top tips for leasehold conveyancing in Mitcheldean with the aim of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Mitcheldean can be reduced if you get in touch lawyers the minute you market your property and ask them to collate the leasehold information which will be required by the purchasers’ conveyancers. Many landlords or Management Companies in Mitcheldean charge for providing management packs for a leasehold property. You or your lawyers should discover the actual amount of the charges. The management pack sought on or before finding a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Mitcheldean. You believe that you know the number of years remaining on your lease but it would be advisable double-check by asking your solicitors. A buyer’s conveyancer will be unlikely to recommend their client to to exchange contracts if the lease term is less than 75 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. If there is a history of conflict with your landlord or managing agents it is very important that these are settled prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is better to reveal the dispute as historic as opposed to unresolved. If you are supposed to have a share in the freehold, you should make sure that you have the original share certificate. Organising a re-issued share certificate is often a lengthy formality and frustrates many a Mitcheldean home move. If a duplicate share certificate is needed, do contact the company officers or managing agents (where applicable) for this sooner rather than later.
I purchased a 1st floor flat in Mitcheldean, conveyancing having been completed in 1996. 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? Similar properties in Mitcheldean with a long lease are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease ends on 21st October 2089
You have 64 years left to run the likely cost is going to span between £14,300 and £16,400 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.
My a dozen years ago. He has got wed, widowed and is now married again. He will be selling the apartment in a couple of months. I think he will just be need to supply copies of his marriage certificates to the conveyancing practitioner however he is concerned it will delay the home sale. Should he instruct a solicitor to update the land title details for the house?
The is no need to bring up to date the title for the property on the basis that you have the proof needed to demonstrate how the name change resulted.
The purchaser’s solicitor will check the title entries and require evidence to establish the name change for instance marriage documentation.