We are about to sign contracts for a leasehold flat in Wembley Park. We encountered a problem. The loan offer with Alliance & Leicester expires on 12/5/2025 but the vendors are insisting on a completion date of 14/5/2025. Is it possible to extend the loan offer?
The best person to address this issue is your solicitors who is in a position to determine if they should be discussing with the lender, owner’s conveyancers, property agents or conceivably all three based on the history of your conveyancing as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Wembley Park? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Terms and Conditions that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be viewed. Where you are unwilling to provide ID verification documents, your lawyer would not be able to act for you.
I got the keys to my apartment on 3 May and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Wembley Park advises it should be registered in a couple of weeks. Are transfers in Wembley Park particularly slow to register?
As far as conveyancing in Wembley Park is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can vary subject to who lodges the application, whether there are errors and if the Land registry communicate with any 3rd parties. As of today roughly three quarters of such applications are fully addressed within two weeks but occasionally there can be extensive delays. Registration is effected once the new owner is living at the property thus 'speed' is not usually top priority but if there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.
I have been on the look out for a flat up to £305k and found one close by in Wembley Park I like with a park and station nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in Wembley Park in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
I need to instruct a conveyancing solicitor in Wembley Park for my house move. Is it possible to check a solicitor's record with the legal regulator?
Anyone may see published Solicitor Regulator Association (SRA) decisions arising from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find information Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator could monitor telephone calls for training requirements.
For various reasons I cannot visit my Wembley Park conveyancing solicitors office to sign documents connected to my conveyancing in Wembley Park – is this a problem?
Not a problem. Wembley Park conveyancing solicitors can deal with home moves for clients who are based anywhere. You are unlikely to be required to visit a Wembley Park conveyancers office. Almost all lawyer can deal with everything via phone, post and email - whatever works for you.