We are about to exchange contracts for a garden flat in Shard End. We encountered a stumbling block. The mortgage offer with Nottingham Building Society runs out on 13/6/2025 but the owners are suggesting a completion date of 17/6/2025. Can one prolong the mortgage expiry date?
The best person to deal with your question is your solicitors who is in a position to determine if they better off negotiating with the mortgage company, vendor’s solicitors, property agents or indeed all parties taking into account the history of your conveyancing as of today.
I had intended to instruct a conveyancing solicitor in Shard End for our house move. Our financial adviser informed us that our mortgage company Clydesdale won't deal with them. Surely this is unduly restrictive?
A lender may require a panel solicitor act for it. Borrowers are liable to bear the charges for this. Try using our database to locate a solicitor to conduct conveyancing in Shard End on the Clydesdale approved list of solicitors.
I am assisting my step-mother sell her flat in Shard End. Does the conveyancing solicitor commission the energy assessment or it is for the owner to coordinate?
Following the abolition of Home Information Packs, EPC’s was maintained a required part of moving house. An energy assessment needs to be commissioned in advance of the property being advertised. It is not as aspect of the sale process that conveyancers ordinarily arrange. If you are instructing a Shard End conveyancing solicitor they might be able to arrange energy performance certificates due to their relationships with reputable local energy assessors
I am purchasing a property in Shard End. A rare aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Virgin Money your lawyer must follow the formal requirements contained in Part 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Virgin Money where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties countrywide and is not isolated to Shard End.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Shard End conveyancer on the Yorkshire BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
How does conveyancing in Shard End differ for new build properties?
Most buyers of new build property in Shard End approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Shard End tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Shard End or who has acted in the same development.
I’m about to sell my 2 bed apartment in Shard End. Conveyancing is yet to be initiated, however I have just had a half-yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as you normally would as all ground rent and maintenance charges will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until 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. This will smooth the conveyancing process.
Leasehold Conveyancing in Shard End - A selection of Queries Prior to Purchasing
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The majority of Shard End leasehold apartments will incur a service bill for the upkeep of the building levied on behalf of the management company. Should you acquire the flat you will have to pay this charge, usually quarterly during the year. This can differ from two or three hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a ground rent for you to pay annual, normally this is not a large sum, say about £25-£75 but you need to enquire as occasionally it could be many hundreds of pounds. On the whole the cost for major works tend not to be incorporated into the service charges, albeit that some managing agents in Shard End obliged tenants to contribute towards a reserve fund and this is used to offset against major works. Does the lease include onerous restrictions?
I need to change lawyers as my Shard End lawyer is not on the lender's approved list of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet appointed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Shard End that you're considering.