We are a couple about to sign contracts for a freehold house in Sawtry. We encountered a stumbling block. The mortgage offer with Barnsley Building Society expires on 7/11/2025 but the vendors are insisting on a completion date of 11/11/2025. Can one extend the loan expiry date?
The person best placed to address this issue is your conveyancer who should determine whether he or she is should be discussing with the mortgage company, seller’s solicitors, estate agents or indeed all parties taking into account what has happend in your conveyancing as of today.
I am looking to buy a flat and require a conveyancing solicitor in Sawtry who is on the Yorkshire Building Society approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Sawtry. We dont recommend any particular firm.
My wife and I purchased a 4 bedroom Victorian property in Sawtry. Conveyancing practitioner acted for me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching property. Is it worth asking The Mortgage Works to clarify?
You need to review 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sawtry and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing solicitor who conducted the conveyancing.
I opted to have a survey done on a property in Sawtry ahead of instructing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks tend refuse to issue a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sawtry. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sawtry to see if the conveyancing will be more expensive.
Having had my offer accepted I require leasehold conveyancing in Sawtry. Before I set the wheels in motion I would like to find out the unexpired term of the lease.
If the lease is registered - and most are in Sawtry - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Sawtry Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
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Does the lease include onerous restrictions? The answer will be important as a) areas may cause problems for the block as the communal areas may start to deteriorate where repairs remain unpaid b) if the leasehold owners have a dispute with the running of the building you will want to have complete disclosure
Some weeks ago I was told by my mortgage company that their panel conveyancers work on no sale no charge basis for conveyancing in Sawtry. Our purchase fell through nevertheless the lawyers have invoiced for search fees! They are claiming that the fees are independent!
in offering "no sale no fee" Sawtry conveyancing practices are writing off their fees for any work conducted. We should make it clear that this does not constitute an insurance scheme. Disbursements aren’t covered – where the property lawyer have to pay money out to third parties, for instance Sawtry local search fees