I am buying a ground floor flat in Moorends. My property lawyer has never been on on the bank solicitor panel. Can I still continue with my Moorends conveyancing solicitor even though they are not on the mortgage company approved list?
You have a number of choices open to you here
- Complete the purchase with your preferred Moorends lawyer but your lender will undoubtedly appoint a property lawyer on their approved list. This will result in additional charges and probable delay.
- Get a new property lawyer to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Appeal to your conveyancing practitioner to seek to join the mortgage company panel
We were just about to sign contracts for a ground floor flat in Moorends. We have hit a stumbling block. The loan offer with Bank of Scotland runs out on 2/3/2026 but the vendors are suggesting a completion date of 4/3/2026. Can one extend the mortgage expiry date?
The person best placed to address this issue is your solicitors who will hopefully determine whether they should be discussing with the bank, owner’s representatives, property agents or possibly all parties taking into account the circumstances your conveyancing as of today.
We're in Moorends, First timers buying with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I own a semi-detached Edwardian house in Moorends. Conveyancing lawyer represented me and Lloyds TSB Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Moorends and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who completed the work.
I have been on the look out for a flat up to £305k and found one round the corner in Moorends I like with open areas and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Moorends in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
In scouring the internet for the term on line conveyancing in Moorends it brings up numerous property lawyersin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?
The ideal method of choosing a suitable conveyancer is via trusted referral, so seek the opinion of friends and those you trust who have bought a property in Moorends or a local estate agent or financial adviser. Costs for conveyancing in Moorends differ, so it's a good idea to obtain at least three fee calculations from different property lawyers. Dont forget to clarify what costs in the quote includes.