We were just about to exchange contracts for a leasehold flat in Perton. We encountered a stumbling block. Our loan offer with Clydesdale runs out on 1/9/2025 but the vendors are putting forward a completion date of 3/9/2025. Can one prolong the mortgage expiry date?
The person best placed to address this question is your lawyer who will hopefully determine whether they should be discussing with the mortgage broker, vendor’s lawyers, estate agents or possibly all parties taking into account the circumstances your conveyancing as of today.
We see that you have a search directory identifying law firms on the Clydesdale conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Perton?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Perton.
Is it necessary to take out insurance to cover chancel repairs when purchasing a property in Perton?
Unless a prior purchase of the premises completed post 12 October 2013 you may take it that lawyers carrying out conveyancing in Perton to remain encouraging a chancel search and or insurance against a claim.
Just had an offer accepted on a new build apartment in Perton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Perton
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
As co-executor for the estate of my aunt I am selling a property in Newport but I am based in Perton. My conveyancer (approximately 260 kilometers awayneeds me to sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Perton who can witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Perton based
I am hoping to complete next month on a ground floor flat in Perton. Conveyancing lawyers have said that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Perton should include some of the following:
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Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Defining your rights in respect of the communal areas in the building.By way of example, does the lease grant a right of way over a path or staircase? Repair and maintenance of the flat Advice as to the provision in the lease to to contribute towards maintenance costs - with regard to both the building, and the more general rights a lessee enjoys
Perton Leasehold Conveyancing - Sample of Questions you should consider before Purchasing
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Make sure you find out if there are any onerous prohibitions in the lease. For example some leases prohibit pets being permitted in in a block in Perton. If you like the flatin Perton but your dog can’t make the move with you then you will be presented with a difficult choice. Are any of leasehold owners in arrears of their service charge liability? You should be aware that where the lease has less than eighty years it will have adverse implications on the value of the property. Check with your mortgage company that they are happy with residual term of the lease. Leases with less than 80 years remaining means that you will almost definitely need a lease extension at some point and you need to have some idea of how much this will be. For most Pertonlease extensions you would need to own the residence for two years before you are legally able to carry out a lease extension.