We were just about to sign contracts for a freehold house in Bidford On Avon. We have hit a problem. The mortgage offer with Skipton Building Society expires on 7/4/2026 but the vendors are suggesting a completion date of 9/4/2026. Can one prolong the mortgage expiry date?
The person best placed to deal with your issue is your conveyancer who will hopefully calculate if he or she is corresponding with the mortgage company, owner’s solicitors, estate agents or conceivably all parties based on the circumstances your transaction to date.
I am the registered owner of a freehold house in Bidford On Avon but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Bidford On Avon and has limited impact for conveyancing in Bidford On Avon but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.
I am buying a new build flat in Bidford On Avon. 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 conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bidford On Avon
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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 Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Due to the advice of my in-laws I had a survey completed on a house in Bidford On Avon before appointing lawyers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some banks tend not grant a loan on such a property.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to call 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 Bidford On Avon. Conveyancing may be slightly more expensive based on your lender's requirements.
Given that I am about to part with hundreds of thousands of pounds on a property in Bidford On Avon I would like to have a conversation with the lawyer regarding thehouse move in advance of instructing the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer due to be conducting your property ownership legalities in Bidford On Avon.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The solicitors that we put you in touch with believe that the fees you are quoted for your conveyancing in Bidford On Avon should be the figure that you are charged.
I am looking to acquire a repression property in Bidford On Avon and the bank selling would like to complete inside a week. Can a property lawyer complete in this timeframe? Am I best advised to use a high street Bidford On Avon firm or an online conveyancer that professes to offer speedy conveyancing?
Visit your Bidford On Avon high street. Pop in to two or three firms and request to talk to a conveyancing solicitor for a quote. Set out your requirements and seek assurances on deadlines. Select the firm that appears most efficient. Make sure to select a property lawyer on the panel of conveyancers approved by your lender.