We are about to sign contracts for a garden flat in Morden. We have hit a problem. The loan offer with Barclays runs out on 26/8/2025 but the vendors are suggesting a completion date of 28/8/2025. Is it possible to extend the mortgage offer?
The best person to deal with your issue is your solicitors who will hopefully calculate whether he or she is should be discussing with the bank, seller’s representatives, selling agents or indeed all three given the history of your house move as of today.
Should commercial conveyancing searches disclose proposed roadworks that could affect a commercial property in Morden?
Many commercial conveyancing solicitors in Morden will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Morden. The search result sets out 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 Morden.
For every commercial conveyancing transaction in Morden it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Morden commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Morden.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Morden is the location of the property. What do you suggest?
Flying freeholds in Morden are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Morden you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Morden may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In what way can the Landlord & Tenant Act 1954 impact my commercial offices in Morden and how can your lawyers assist?
The particular law that you refer to provides security of tenure to commercial tenants, granting the right to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Morden
My husband and I are one month into a residential purchase having been referred to a firm by the high street agent to handle our conveyancing in Morden. We are not happy. Could you help me find new lawyers?
A conveyancer would have to be really poor to suggest changing them. Has your mortgage offer been generated? In the event that it has you must advise them of the replacement solicitor and ensure the loan are re-sent. Your new conveyancer should be on the banks approved list to avoid escalating expenses and delays. That should be your first question of the new lawyers. The search tool should assist you in finding a lender approved lawyer for your conveyancing in Morden
18 days into a sale of a flat in Morden. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the freeholder. So far we have forked out £268 for a leasehold management pack and then a further £134.40 for answers to queries supplied by the buyers conveyancing practitioner.
Your lawyer will unlikely have any impact over the extent of the fee for this information however the typical fee for the information for Morden leasehold premises is £355. For Morden conveyancing deals it is conventional for the vendor to pay for these charges. The freeholder or their agents are under no legal obligation to address these questions although many will be willing to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no legislation that mandates capped charges for administrative tasks. There is no statutory time frame by which they are required to issue answers.