We were just about to sign contracts for a leasehold flat in Wrington. We encountered a snag. Our loan offer with TSB runs out on 5/12/2025 but the sellers are insisting on a completion date of 9/12/2025. Is it possible to prolong the loan expiry date?
The best person to address this issue is your conveyancer who will assess whether they better off negotiating with the lender, vendor’s solicitors, selling agents or conceivably all three based on the circumstances your house move to date.
My wife and I purchasing a end of terrace house in Wrington. The intention is to convert the garage to an office at the property.Will the conveyancing process include checks to determine if these works are permitted?
Your conveyancer will check the deeds as conveyancing in Wrington will sometimes reveal restrictions in the title deeds which prevent categories of works or require the consent of a 3rd party. Many additions need local authority planning permissions and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these issues with a surveyor before you commit yourself to a purchase.
We previously selected conveyancers located in Wrington on the Yorkshire BS solicitor panel. They have just invoiced me a supplemental sum for dealing with the Yorkshire BS mortgage. Is this a supplemental conveyancing fee set by Yorkshire BS?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your conveyancer can levy a fee for this. The fee is not set by Yorkshire BS but by your Wrington solicitor. Some firms on the Yorkshire BS panel will levy ’dealing with mortgage’ fee and others do not.
I currently have a mortgage with HSBC for my property in Wrington. Conveyancing was finalised some time ago. Should I wish 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 HSBC?
You must advise HSBC prior to letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies 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 HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel lawyer.
I am close to exchanging contracts on the sale of our house in Wrington and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street Wrington conveyancer would know that there is no such problem. It does beg the question why the buyers are using an internet conveyancing outfit as opposed to a conveyancing solicitor in Wrington. Having lived in Wrington for 5 years we know of no issue. Should we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Just had an offer accepted on a new build flat in Wrington. Conveyancing is daunting 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 legal work.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Wrington
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants.
I opted to have a survey completed on a house in Wrington in advance of appointing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders tend not grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Wrington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wrington to see if the conveyancing costs will increase in light of this.
I am 3 weeks into a residential purchase having been referred to conveyancers by the local agent to perform conveyancing in Wrington. I am not happy. Can you you assist me in finding new solicitors?
A lawyer would have to be really poor to suggest diss instructing them. Has your mortgage been issued? If so you need to inform them of the new conveyancer and get the offer are issued to the new lawyers. The conveyancer needs to be on the mortgage company panel to avoid supplemental charges and frustration. That should be your starting point. Our search tool should assist you in finding a bank approved solicitor for your home move in Wrington