We were just about to exchange contracts for a freehold house in Nuthall. We have hit a stumbling block. Our mortgage offer with Barclays Direct expires on 25/3/2026 but the owners are insisting on a completion date of 27/3/2026. Can one extend the loan expiry date?
The person best placed to address this concern is your lawyer who will hopefully calculate if they should be discussing with the bank, seller’s conveyancers, property agents or indeed all parties based on the circumstances your house move to date.
How up to date is your database of Nuthall solicitors on the Barclays conveyancing panel? Do Barclays send you an updated list?
Nuthall conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
Is there a search tool that I can utilise to investigate if the solicitor conducting my conveyancing in Nuthall is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus paying £187.00 plus VAT in supplemental conveyancing costs.
You should make the most of the search tool on this site. Please choose the lender and type ‘Nuthall’ or your preferred area and you will see numerous conveyancers offices in Nuthall or by proximity to you.
I own a 4 bedroom Georgian property in Nuthall. Conveyancing practitioner represented me and Barclays . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Nuthall and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who conducted the conveyancing.
I've found a house that seems to meet my requirements, at a reasonable figure which is making it more attractive. I have since found out that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Nuthall. Conveyancing solicitors have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Nuthall ?
Most houses in Nuthall are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Nuthall in which case you should be looking for a Nuthall conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’spermission to conduct changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your solicitor will appraise you on the various issues.
I purchased a studio flat in Nuthall, conveyancing was carried out May 2012. How much will my lease extension cost? Equivalent properties in Nuthall with over 90 years remaining are worth £201,000. The ground rent is £45 levied per year. The lease runs out on 21st October 2091
With 65 years unexpired we estimate the price of your lease extension to range between £13,300 and £15,400 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
If instructed can a conveyancer remove a name from the title of my home in Nuthall ?
Removing or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor