We were just about to sign contracts for a leasehold flat in Saundersfoot. We encountered a snag. The mortgage offer with The Mortgage Works runs out on 28/1/2026 but the vendors are suggesting a completion date of 30/1/2026. Can one extend the mortgage expiry date?
The best person to address this question is your conveyancer who will hopefully determine if they should be discussing with the bank, vendor’s conveyancers, property agents or conceivably all three based on the history of your conveyancing to date.
Will lawyers request money up-front for my conveyancing in Saundersfoot?
Where you are retaining lawyers for conveyancing in Saundersfoot your lawyer will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the sale price then this will be needed shortly ahead of exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.
Will commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Saundersfoot?
Its becoming the norm that commercial conveyancing solicitors in Saundersfoot will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Saundersfoot. 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 Saundersfoot.
For every commercial conveyancing transaction in Saundersfoot it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to Saundersfoot commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Saundersfoot.
The deeds to my home can not be found. The solicitors who handled the conveyancing in Saundersfoot 10 years ago have long since closed. What are my options?
Gone are the days when you need to hold title official documentation to establish that you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Saundersfoot is where the house is located. Can you shed any light on this issue?
Flying freeholds in Saundersfoot are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Saundersfoot you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Saundersfoot may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My partner and I have AIP from Santander who suggested that they will loan up to £300k. When do I need to instruct a practitioner for conveyancing? Saundersfoot is where we are buying.
It would be wise to instruct a conveyancing practitioner now requesting that they open a file for you. This will facilitate: 1) the selling agent to send out the Sales Memo to all parties 2) the seller’s conveyancer to send out the draft contract. However, do not instruct your conveyancing practitioner to start searches until you receive your valuation report via Santander and you are happy to proceed.