We are about to sign contracts for a semi detached house in Woodhouse and Handsworth. We have hit a snag. Our loan offer with Nottingham Building Society expires on 6/3/2026 but the owners are insisting on a completion date of 10/3/2026. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your conveyancer who will hopefully assess whether they better off negotiating with the bank, vendor’s lawyers, selling agents or indeed all parties based on the circumstances your conveyancing to date.
I am selling my house in Woodhouse and Handsworth. Will the conveyancer need to be on the Leeds Building Society conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
Have just purchased a probate house at auction in Woodhouse and Handsworth. Conveyancing is needed. What is next?
Now that you have exchanged you will need to find a conveyancing solicitor soon as you now have a fast approaching deadline in which to complete the deal. Every auction property will ordinarily have a corresponding legal pack. This should include most,if not all of the paperwork that your solicitor requires. Where you are dealing with leasehold property the legal papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You must give this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are in place to complete the transaction on the set completion date.
How can we know in advance if a Woodhouse and Handsworth conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Woodhouse and Handsworth 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 advertising the lowest fees. We would always recommend that you speak with the solicitor handling your transaction.
I am due to exchange contracts on my apartment. I had a double glazing fitted in August 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Coventry BS are being problematic. The Woodhouse and Handsworth solicitor who is on the Coventry BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Coventry BS are requiring a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS 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.
How does conveyancing in Woodhouse and Handsworth differ for new build properties?
Most buyers of new build premises in Woodhouse and Handsworth approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Woodhouse and Handsworth usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Woodhouse and Handsworth or who has acted in the same development.
Am I better off to instruct a Woodhouse and Handsworth conveyancing lawyer based in the location that I am hoping to buy? I have an old university friend who can execute the conveyancing but his firm is located 300kilometers drive away.
The primary upside of using a local Woodhouse and Handsworth conveyancing practice is that you can drop in to sign documents, hand in your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and in the main were happy that must surpass using an unknown Woodhouse and Handsworth conveyancing lawyer solely due to them being local.
I want to rent out my leasehold flat in Woodhouse and Handsworth. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Even though your previous Woodhouse and Handsworth conveyancing solicitor is not available you can check your lease to see if you are permitted to let out the premises. The rule is that if the lease is non-specific, subletting is permitted. There may be a precondition that you need to seek consent via your landlord or other appropriate person prior to subletting. This means you not allowed to sublet without first obtaining permission. Such consent should not be unreasonably refused ore delayed. If your lease does not allow you to sublet you should ask your landlord if they are willing to waive this restriction.
I own a garden flat in Woodhouse and Handsworth, conveyancing was carried out June 2009. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Woodhouse and Handsworth with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease terminates on 21st October 2086
With just 60 years unexpired the likely cost is going to be between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.