We were just about to sign contracts for a property in Berkhamsted. We have hit a snag. Our loan offer with Accord Mortgages Ltd runs out on 16/2/2026 but the sellers are insisting on a completion date of 18/2/2026. Is it possible to prolong the loan expiry date?
The person best placed to address this issue is your solicitors who will hopefully calculate if they better off negotiating with the lender, vendor’s lawyers, property agents or indeed all three taking into account the circumstances your transaction as of today.
We are planning to purchase with Coventry BS. We have called around locally but cant to find a Berkhamsted conveyancing firm on the Coventry BS approved list. Could you assist?
Please do make the most of the search tool on this web page. Please choose the lender and type Berkhamsted or your preferred area and you will be presented with numerous solicitors offices in Berkhamsted or nearest you.
Can I be sure that the Berkhamsted conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Berkhamsted getting recommendations is a sensible starting point. 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 lawyer conducting your transaction.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Berkhamsted bank branch on various occasions and was told it does not affect the mortgage offer and they would lend. My Berkhamsted conveyancing solicitor - who is on the bank conveyancing panel- called and was told they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the conveyancing practitioner is on the lender approved list, they must comply with the CML Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I've read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Berkhamsted solicitor - who is on the Yorkshire BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Yorkshire BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Yorkshire BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Berkhamsted surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Do I need to take out insurance to address the risk of chancel repairs when purchasing a property in Berkhamsted?
Unless a previous purchase of the house completed post 12 October 2013 you may assume that solicitors carrying out conveyancing in Berkhamsted to continue to suggest a chancel search and or chancel repair liability insurance.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Berkhamsted is where the house is located. What do you suggest?
Flying freeholds in Berkhamsted are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Berkhamsted you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Berkhamsted may determine 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 premises.
In sourcing the internet for the words cheap conveyancing in Berkhamsted it shows results of numerous conveyancersin the area. With so much choice what is the best way to find the right conveyancer for my move?
The preferential method of choosing the right conveyancer is through a trusted referral, so enquire of friends and family who have purchased a property in Berkhamsted or the reputable estate agent or financial adviser. Charges for conveyancing in Berkhamsted vary, so it's advisable to secure a minimum of four fee calculations from varying types of property lawyers. Dont forget to clarify what costs in the quote includes.