We are about to exchange contracts for a property in Blackpool. We encountered a snag. Our mortgage offer with TSB runs out on 8/11/2024 but the vendors are putting forward a completion date of 12/11/2024. Can one prolong the mortgage expiry date?
The best person to address this issue is your solicitors who should determine if he or she is better off negotiating with the lender, owner’s representatives, selling agents or indeed all three given what has gone on in your house move to date.
My Conveyancer in Blackpool is not on the Bank of Ireland Approved Panel. Can I still use my family solicitor even though they are excluded from the Bank of Ireland panel?
The limited options available to you here include:
- Complete the purchase with your existing Blackpool solicitors but Bank of Ireland will need to retain a conveyancer on their panel. This will inevitably rack up the total legal fees and result in delays.
- Get an alternative lawyer to to deal with the conveyancing, remembering to check they are Convince your conveyancer to do everything within their powers to join the Bank of Ireland conveyancing panel
I am buying a new build flat in Blackpool. 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 is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Blackpool
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Blackpool is where the house is located. Can you shed any light on this issue?
Flying freeholds in Blackpool are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blackpool you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blackpool may ascertain 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 residence.
My husband and I are novice buyers - agreed a price, yet the property agent informed us that the owners will only go ahead if we instruct their chosen solicitors as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer accustomed to conveyancing in Blackpool
It is unlikely the vendors are behind this. Should the owner want ‘a quick sale', turning down a serious buyer is counter productive. Speak to the vendors direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)however you are going to use your preferred Blackpool conveyancing lawyers - not the ones that will earn the negotiator at the agency a kickback or hit his conveyancing figures demanded by HQ.
I previously informed by my mortgage company that their approved solicitors work on no completion no charge basis for conveyancing in Blackpool. Our purchase did not proceed yet the solicitors have invoiced for search fees! They are claiming that the fees are seperate!
in offering "no move no fee" Blackpool conveyancing firms are waiving their charges for any work carried out. We must stress this does not constitute an insurance scheme. you will still be expected to pay for any costs that the lawyer has expended for you for instance Blackpool local authority searches