We were just about to sign contracts for a ground floor flat in Thamesmead. We have hit a snag. The mortgage offer with Coventry Building Society runs out on 23/3/2026 but the sellers are insisting on a completion date of 25/3/2026. Can one extend the loan expiry date?
The person best placed to address this concern is your lawyer who will assess whether he or she is should be discussing with the lender, vendor’s conveyancers, property agents or possibly all parties taking into account the circumstances your conveyancing to date.
My conveyancer has informed me that absentee landlord insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Thamesmead?
The appropriate level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such policies.
My fiancee and I are in the process of viewing flats in Thamesmead and I am about to put in an offer. Should I already have a conveyancer appointed at this stage? I will be getting a home loan with Leeds Building Society.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are obtaining a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
I have a mortgage with Barclays for my property in Thamesmead. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?
You must advise Barclays in advance of letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. It may be that Barclays will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. You need not do this via a Barclays conveyancing panel solicitor.
Are there restrictive covenants that are commonly picked up during conveyancing in Thamesmead?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Thamesmead. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, no chain conveyancing. Thamesmead is where the house is located. Can you shed any light on this issue?
Flying freeholds in Thamesmead are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Thamesmead you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thamesmead may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My brother has suggested that I instruct his conveyancing solicitors in Thamesmead. Do I follow his advice?
No doubt the best way to select a conveyancing solicitor is to have guidance from friends or relatives who have actually previously instructed the firm that you are considering.
I am purchasing a property and need a conveyancing solicitor in Thamesmead who is on the mortgage company conveyancing panel. Could you point me in the right direction as regards a Thamesmead conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who conduct conveyancing in Thamesmead. We dont recommend any particular solicitor.