We are a couple about to exchange contracts for a ground floor flat in South Woodham Ferrers. We have hit a problem. The loan offer with Godiva Mortgages Ltd runs out on 11/7/2025 but the owners are insisting on a completion date of 15/7/2025. Can one prolong the mortgage offer?
The best person to address this question is your solicitors who will hopefully assess whether they should be discussing with the mortgage company, vendor’s conveyancers, selling agents or indeed all three given what has gone on in your conveyancing as of today.
Should lawyers request money up-front when it comes to conveyancing in South Woodham Ferrers?
If you are buying a property in South Woodham Ferrers your lawyer will request that you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the total price then this will be needed shortly before exchange of contracts. The closing balance that is needed should be transferred a few days prior to the day of completion.
Will my solicitor be raising enquiries regarding flooding as part of the conveyancing in South Woodham Ferrers.
The risk of flooding is if increasing concern for solicitors dealing with homes in South Woodham Ferrers. There are those who purchase a property in South Woodham Ferrers, completely expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to impart advice on flood risk, however there are a numerous searches that can be undertaken by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in South Woodham Ferrers. The standard completed inquiry forms sent to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual question of the owner to find out if the premises has suffered from flooding. In the event that flooding has previously occurred which is not notified by the seller, then a buyer may bring a compensation claim as a result of such an misleading answer. A buyer’s conveyancers may also carry out an enviro search. This should indicate whether there is any known flood risk. If so, additional inquiries will need to be carried out.
The deeds to our house are lost. The conveyancers who dealt with the conveyancing in South Woodham Ferrers 5 years ago are no longer around. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your conveyancer should be aware exactly where to find all the suitable paperwork so you can purchase or sell your property without a hitch. Where copies can’t be found, your conveyancer can arrange cover in the form of insurance or indemnities against future claims on your premises.
I am buying a new build apartment in South Woodham Ferrers. 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 conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in South Woodham Ferrers
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I am considering appointing an online solicitor ahead of a South Woodham Ferrers conveyancing firm. Any advice?
Advantages do exist in being able to attend a local South Woodham Ferrers conveyancing solicitor for example
- signing papers on short notice
- getting one on one explanations of things that you need help with
- the ability to complain if matters go pear-shaped
When analysing quotes, look carefully for hidden extras. Most decent South Woodham Ferrers high street solicitors give an all-inclusive figure. Many online agents seem to offer discounted prices, yet have burried 'extras' in the small print.