We are about to sign contracts for a garden flat in Selsdon. We encountered a problem. Our mortgage offer with Skipton Building Society runs out on 23/7/2025 but the owners are insisting on a completion date of 25/7/2025. Can one prolong the loan expiry date?
The best person to deal with your issue is your lawyer who is in a position to calculate if he or she is better off negotiating with the mortgage broker, owner’s representatives, selling agents or possibly all three taking into account what has gone on in your transaction to date.
Having sold my house in Selsdon last June yet the purchaser is e-mailing every few hours complaining that his lawyer needs to hear from mine. What should have happened now that I have sold?
Post completion of your sale your solicitor is duty bound to deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also evidence that the mortgage has been redeemed to the purchasers solicitors. There is unlikely to be post completion steps specific conveyancing in Selsdon.
Do the Building Society Association intend to launch a online directory to to identify practices on the Darlington Building Society conveyancing panel for example in Selsdon?
We have not been informed any plans on the part of the BSA to develop such a register.
Will our conveyancer be asking questions concerning flooding during the conveyancing in Selsdon.
The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Selsdon. Plenty of people will buy a property in Selsdon, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to offer advice on flood risk, however there are a various checks that can be undertaken by the buyer or by their solicitors which should figure out the risks in Selsdon. The standard completed inquiry forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to discover if the property has ever been flooded. In the event that the premises has been flooded in past and is not disclosed by the owner, then a purchaser could commence a claim for damages as a result of such an incorrect answer. A buyer’s solicitors should also commission an enviro report. This should higlight if there is any known flood risk. If so, further investigations will need to be initiated.
I have recentlyfound out that Stirling Law have been shut down. They conducted my conveyancing in Selsdon for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Selsdon conveyancing specialists.
Just had an offer accepted on a new build flat in Selsdon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Selsdon
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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. 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. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.