We were just about to sign contracts for a freehold house in Motspur Park. We have hit a stumbling block. Our loan offer with Godiva Mortgages Ltd runs out on 30/11/2026 but the vendors are suggesting a completion date of 2/12/2026. Is it possible to prolong the mortgage offer?
The best person to address this concern is your conveyancer who will assess whether they should be discussing with the mortgage company, vendor’s lawyers, property agents or conceivably all three given the circumstances your house move as of today.
Will commercial conveyancing searches reveal planned roadworks that could impact a commercial land in Motspur Park?
Its becoming the norm that commercial conveyancing solicitors in Motspur Park will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Motspur Park. The report 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 Motspur Park.
For every commercial conveyancing transaction in Motspur Park it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Motspur Park commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Motspur Park.
3 months have elapsed since my purchase conveyancing in Motspur Park took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying my first flat in Motspur Park with a loan from Platform Home Loans Ltd. The sellers refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not reveal to my lawyer about this deal as it may impact my loan with Platform Home Loans Ltd. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is there anything unique about your site and alternative internet conveyancing brokers when it comes to conveyancing in Motspur Park?
At this site secure a conveyancing quote from a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Motspur Park. As opposed to estate agents and many comparison sites we do not charge firms a fee if you appoint them for your property ownership legalities in Motspur Park
What advice can you give us when it comes to appointing a Motspur Park conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a Motspur Park conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Motspur Park conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be of use:
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How many lease extensions have they conducted in Motspur Park in the last 12 months? If the firm is not ALEP accredited then what is the reason?
After years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Motspur Park. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to decide the price.
An example of a Lease Extension case for a Motspur Park flat is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case related to 1 flat. The unexpired residue of the current lease was 60.43 years.