We were just about to sign contracts for a freehold house in Winscombe. We encountered a problem. Our loan offer with Clydesdale expires on 21/1/2026 but the vendors are putting forward a completion date of 23/1/2026. Is it possible to prolong the loan expiry date?
The best person to deal with your question is your conveyancer who will hopefully calculate if he or she is better off negotiating with the mortgage broker, owner’s conveyancers, selling agents or conceivably all three given the history of your house move to date.
Why is leasehold purchase conveyancing in Winscombe is more expensive?
Winscombe leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Winscombe. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/11/2025, the requirements read as follows :
My wife and I purchased a semi-detached Victorian house in Winscombe. Conveyancing practitioner acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Winscombe and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who completed the work.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Winscombe is the location of the property. Can you offer any advice?
Flying freeholds in Winscombe are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Winscombe you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Winscombe may ascertain 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 residence.
How and when do I incur the Stamp Duty Land Tax payable for my conveyancing in Winscombe?
The majority of conveyancers tend to fill out a stamp duty return on your behalf as part of your Winscombe purchase transaction for signature. On completion your lawyer will submit the STL application to the Tax Authorities and - assuming they have the funds - discharge any land tax payable for you.