We are a couple about to exchange contracts for a semi detached house in Rossington. We have hit a stumbling block. The loan offer with Halifax expires on 6/5/2025 but the owners are insisting on a completion date of 8/5/2025. Is it possible to extend the loan expiry date?
The best person to address this issue is your lawyer who will hopefully calculate if they corresponding with the bank, owner’s representatives, estate agents or possibly all three given the history of your conveyancing as of today.
I am looking to buy a flat and require a conveyancing solicitor in Rossington who is on the National Westminster Bank approved. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Rossington. We dont recommend any particular firm.
We are buying a 3 bedroom semi in Rossington. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve checks to see if these alterations are allowed?
Your property lawyer should check the registered title as conveyancing in Rossington can on occasion reveal restrictions in the title deeds which prevent categories of alterations or need the permission of another owner. Some additions need local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these issues with a surveyor prior to committing yourself to a purchase.
Can I be sure that the Rossington conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in Rossington seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your conveyancing.
The mortgage over my property is with Principality for my property in Rossington. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Principality?
Your original mortgage agreement with Principality will provide that you need their approval before letting out your property as this is likely to be a breach of Principality’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. You need not do this via a Principality conveyancing panel solicitor.
I'm buying my first flat in Rossington benefiting from help to buy. The builders would not budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my conveyancer about the side-deal as it may put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML 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.
We are four weeks into a residential purchase having been recommend to solicitors by the selling agent to perform conveyancing in Rossington. I am am very disappointed with the level of service. Can you you assist me in finding new conveyancers?
A solicitor would have to be really poor to suggest replacing them. Has your mortgage offer been issued? In the event that it has you will need to make them aware of the new lawyer and get the mortgage documents are re-issued. Your solicitor ideally should be on the mortgage company approved list to avoid added expenses and complications. So that should be your starting point. Our find a solicitor tool will help you find a bank approved solicitor for your conveyancing in Rossington
I’m about to sell my ground floor apartment in Rossington. Conveyancing solicitors are to be appointed soon, however I have recently received a yearly maintenance charge demand – what should I do?
It best that you clear the maintenance contribution as usual as all ground rent and maintenance charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a leasehold flat in Rossington, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Rossington with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease ceases on 21st October 2091
With just 66 years unexpired we estimate the price of your lease extension to range between £11,400 and £13,200 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.