We were just about to sign contracts for a semi detached house in Chalfont St Giles. We encountered a stumbling block. The mortgage offer with Virgin Money runs out on 13/5/2024 but the vendors are insisting on a completion date of 15/5/2024. Can one extend the mortgage expiry date?
The best person to deal with your question is your solicitors who will hopefully assess if he or she is corresponding with the mortgage company, seller’s solicitors, selling agents or conceivably all parties based on the circumstances your conveyancing as of today.
We are buying a 3 bedroom semi in Chalfont St Giles. We would like to carry out a loft conversion at the house.Will legal work on the property involve investigations to determine if these alterations are permitted?
Your property lawyer will review the deeds as conveyancing in Chalfont St Giles can occasionally reveal restrictions in the title documents which prohibit certain changes or need the permission of another owner. Many extensions require local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these things with a surveyor prior to committing yourself to a purchase.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Nottingham are being difficult. The Chalfont St Giles solicitor who is on the Nottingham conveyancing panel is recommending indemnity insurance as a solution but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
TSB have agreed my mortgage in principle, my offer on a apartment in Chalfont St Giles has been agreed to, what are the next steps?
The property agent will want to be advised as to your conveyancing practitioner's details (ensure that the property lawyers are on the bank’s panel). Call up TSB or your financial adviser and complete any relevant forms. TSB will sellect a valuer who will get in touch with the estate agent or seller to arrange an appointment. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. TSB will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Chalfont St Giles.
Due to the guidance of my in-laws I had a survey completed on a house in Chalfont St Giles ahead of retaining lawyers. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks tend not issue a loan on this type of home.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chalfont St Giles. Conveyancing will be smoother if you use a solicitor in Chalfont St Giles especially if they regularly deal with such properties in Chalfont St Giles.
Hoping to buy a property located in Chalfont St Giles and I am already nervous. I couldn't find anything specific about Chalfont St Giles. Conveyancing will be needed in due course but do you know about the Chalfont St Giles area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Chalfont St Giles. In the meantime here are some basic statistics that we found
As co-executor for the estate of my father I am selling a residence in Newport but reside in Chalfont St Giles. My solicitor (based 200 kilometers awayrequires that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Chalfont St Giles who can attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Chalfont St Giles based
I've recently bought a leasehold house in Chalfont St Giles. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a garden flat in Chalfont St Giles, conveyancing was carried out June 2001. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Chalfont St Giles with an extended lease are worth £191,000. The average or mid-range amount of ground rent is £55 levied per year. The lease comes to an end on 21st October 2078
With only 54 years left to run the likely cost is going to span between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.