We were just about to sign contracts for a leasehold flat in Rustington. We have hit a problem. Our mortgage offer with Coventry Building Society expires on 24/8/2026 but the sellers are putting forward a completion date of 26/8/2026. Is it possible to extend the loan offer?
The person best placed to deal with your concern is your solicitors who will calculate if they should be discussing with the mortgage broker, vendor’s lawyers, estate agents or conceivably all parties given the circumstances your transaction to date.
Will lawyers ask for money up-front for my conveyancing in Rustington?
Where you are retaining lawyers for conveyancing in Rustington your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the total price then this should be asked for shortly ahead of exchange of contracts. The closing balance that is needed should be transferred a couple of days ahead of the day of completion.
Forgive me if this question is silly but I am unseasoned as a first time purchaser of a ground floor flat in Rustington. Do I collect the keys to the house on completion from my lawyer? If so, I will instruct a local conveyancing solicitor in Rustington?
On the day of completion you will not be required to go to the conveyancers office in Rustington. Conveyancing lawyers for you will transfer the purchase money to the seller's lawyers, and once they have received this, you will be called to collect the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.
I'm the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the house in Rustington. The Rustington property was put into my name in May. I plan to dispose of the property. I understand that there is a CML 6 month 'rule', which means that my property ownership could be treated the same way as though I had purchased the house in May. Will no one buy the property for half a year?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How practical a view banks take of it, depend on the bank as this provision is primarily there to pick up on the purchase and immediately sell or the quick reselling of properties.
Having digested plenty of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Rustington solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Rustington surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I am buying a house and the conveyancer has identified Chancel Repair for which the property could be obligated to pay because it falls into the area of such a church. She has mentioned insurance. Is this strictly necessary for conveyancing in Rustington
Unless a previous acquisition of the house took place after 12 October 2013 you could expect solicitors carrying out conveyancing in Rustington to continue to propose a a chancel search and or insurance against a claim.
I am looking into buying my first house which is in Rustington and I am already nervous. I couldn't find anything specific about Rustington. Conveyancing will be needed in due course but do you know about the Rustington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Rustington. In the meantime here are some basic statistics that we found
My husband and I are novice buyers - agreed a price, but the property agent has warned us that the vendor will only move forward if we instruct the agent's preferred lawyers as they want a ‘quick sale’. Our preferred option is to instruct a family conveyancer with experience of conveyancing in Rustington
It is highly unlikely the vendors are driving this. If they desire ‘a quick sale', alienating a genuine buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)but you intend to use your preferred Rustington conveyancing lawyers - not the ones that will earn the estate agent a kickback or meet his conveyancing figures pre-set by corporate headquarters.