We are about to exchange contracts for a leasehold flat in Sherwood. We have hit a snag. Our mortgage offer with Lloyds TSB Bank expires on 26/2/2026 but the owners are suggesting a completion date of 2/3/2026. Is it possible to prolong the mortgage expiry date?
The best person to address this issue is your lawyer who should assess if he or she is corresponding with the bank, vendor’s solicitors, estate agents or indeed all parties based on what has gone on in your transaction to date.
A relative pointed out to me me that in buying a property in Sherwood there could be a number of restrictions as to what one can do in terms of external alterations to a property. Is this right?
There are a number of properties in Sherwood which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Sherwood should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the Sherwood conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Sherwood getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor carrying out your conveyancing.
I am selling my flat. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Santander are being a right pain. The Sherwood solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are insisting on a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What can a local search inform me about the house I am purchasing in Sherwood?
Sherwood conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Xpress Legal The local search is essential in every Sherwood conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Sherwood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Sherwood
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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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are architect prepared.
I decided to have a survey carried out on a house in Sherwood ahead of retaining conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend refuse to grant a loan on such a house.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone 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 Sherwood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sherwood to see if the conveyancing will be more expensive.
In my capacity as executor for the estate of my grandmother I am selling a house in Newport but reside in Sherwood. My lawyer (based 300 miles from merequires that I execute a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Sherwood who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Sherwood based