We were just about to sign contracts for a ground floor flat in Crawley Down. We encountered a stumbling block. Our mortgage offer with Santander runs out on 26/6/2024 but the vendors are insisting on a completion date of 28/6/2024. Can one prolong the loan expiry date?
The best person to deal with your concern is your solicitors who will assess if he or she is better off negotiating with the bank, seller’s representatives, selling agents or indeed all parties given the circumstances your conveyancing to date.
Having sold my house in Crawley Down last December but the buyer keeps Skype messaging every few hours to moan that her solicitor needs to hear from mylawyer. What should my lawyer have done following completion?
Post completion of your sale your lawyer should send the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Where appropriate, your conveyancer must also evidence that the mortgage has been discharged to the buyers solicitors. There is unlikely to be post completion steps specific conveyancing in Crawley Down.
I have been on the look out for a flat up to £195,000 and found one near me in Crawley Down I like with amenity areas and station in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Crawley Down suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I am looking into buying my first house which is in Crawley Down and I am already nervous. I couldn't find anything specific about Crawley Down. Conveyancing will be needed in due course but do you know about the Crawley Down area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Crawley Down. In the meantime here are some basic statistics that we found
I am thinking of appointing a conveyancing lawyer in Crawley Down for my purchase. Is there any facility to review a solicitor's record with the legal regulator?
Members of the public may review presented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator may recorded telephone calls for training requirements.
I am on look out for some leasehold conveyancing in Crawley Down. Before I get started I require certainty as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Crawley Down - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Crawley Down - A selection of Questions you should ask Prior to Purchasing
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It would be sensible to find out as much as possible regarding the managing agents as they can either make your life much simpler or a lot more difficult. As the owner of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to practical matters such as the cleanliness of the common parts. Ask prospective neighbours whether they are happy with them. On a final note, be sure you discover the dates that the maintenance charges are due to the managing agents and specifically what you get for your money. Many Crawley Down leasehold properties will be liable to pay a service charge for the upkeep of the building levied by the landlord. Should you purchase the property you will have to pay this liability, normally quarterly accross the year. This may be anything from two or three hundred pounds to thousands of pounds for blocks with lifts and large common grounds. There will also be a ground rent to be met annual, normally this is not a significant amount, say about £25-£75 but you need to enquire it because sometimes it can be many hundreds of pounds. It is important to be aware whether window replacement or some other major work is anticipated that will be shared amongst the tenants and will dramatically impact the level of the service fees or require a one off payment.