We were just about to sign contracts for a garden flat in Harefield. We have hit a snag. Our loan offer with Bank of Scotland runs out on 20/6/2024 but the owners are insisting on a completion date of 24/6/2024. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your lawyer who will hopefully assess if he or she is better off negotiating with the mortgage broker, vendor’s lawyers, estate agents or possibly all parties given the history of your transaction to date.
Are the BSA intent on creating a searchable register to to identify firms on the Coventry BS conveyancing panel for instance in Harefield?
Lexsure has not been advised of any intention on the part of the BSA to develop such a tool.
I bought my flat on 10 August and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Harefield expressed confidence that it should be concluded in less than a month. Are properties in Harefield particularly slow to register?
As far as conveyancing in Harefield is concerned, registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust subject to who lodges the application, whether it is in order and if the Land registry must send notices to any other parties. At present roughly 80% of submission are completed within 12 days but occasionally there can be protracted delays. Registration occurs after the purchaser is living at the premises therefore an expedited registration is not typically top priority but if it is urgent that the the registration takes place urgently then you or your lawyers must speak with the land registry and explain the circumstances.
I am looking for a ground for flat up to £195,000 and identified one round the corner in Harefield I like with open areas and transport links nearby, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Harefield suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
Is it possible to swap conveyancer as I need to appoint a firm on the Coventry Building Society conveyancing list. I was using a local conveyancing solicitor in Harefield five minutes from me but he is not approved by Coventry Building Society
We will our best to assist in finding you a conveyancing solicitor in Harefield on the Coventry Building Society panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Harefield. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Harefield.
I previously told by my mortgage company that their panel lawyers operate no completion no fee basis for conveyancing in Harefield. I had a purchase abort and now the conveyancers want search fees! They are claiming that the fees are nothing to do with their fees!
Harefield conveyancing search charges are separate expenses not solicitors costs as these are paid to a third party.