We were just about to sign contracts for a garden flat in Clayton-le-Moors. We have hit a stumbling block. Our mortgage offer with Halifax runs out on 11/8/2025 but the owners are insisting on a completion date of 13/8/2025. Is it possible to prolong the mortgage expiry date?
The best person to deal with your question is your conveyancer who should determine whether they should be discussing with the mortgage company, vendor’s lawyers, property agents or indeed all three based on the history of your transaction to date.
What is the first thing I need to know about purchase conveyancing in Clayton-le-Moors?
Not many law firms or advisers will tell you this but conveyancing in Clayton-le-Moors and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there is lots of opportunity for conflict between you and other parties involved in the transaction. For instance, the seller, property agent and even potentially your mortgage company. Appointing a law firm for your conveyancing in Clayton-le-Moors is a critical decision as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to look after your best interests and to keep you safe.
We are witnessing a worrying emergence in the "blame" culture- someone has to be blamed for the process being so protracted. You your first instinct should be to trust your solicitor above the other players in the home moving process.
We wish to acquire a purpose built apartment in Clayton-le-Moors with a residential mortgage from Barclays .We like our Clayton-le-Moors conveyancing lawyer but Barclays informed us her practice is not on their "panel". It seems we have no choice but to instruct a Barclays panel solicitor or keep our high street solicitor and pay for a Barclays panel lawyer to act for them. This seems very unfair; Can we not simply insist that Barclays use our lawyer?
No, not really. The home loan offered to you contains various provisions, one of which will be that solicitors will be on the Barclays approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Barclays
Various web forums that I have frequented warn that are a common reason for delay in Clayton-le-Moors conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Searches are not likely to feature in any slowing down conveyancing in Clayton-le-Moors.
What makes your site different to other web based conveyancing solicitors for conveyancing in Clayton-le-Moors?
At this site receive a conveyancing quote via a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Clayton-le-Moors. Unlike many estate agents and brokerage sites we do not charge firms a commission if you choose them for your home move in Clayton-le-Moors
If all goes to plan we aim to complete our sale of a £300,000 flat in Clayton-le-Moors in nine days. The landlords agents has quoted £324 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Clayton-le-Moors?
Clayton-le-Moors conveyancing on leasehold flats nine out of ten times results in fees being levied by landlords agents :
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Addressing pre-exchange enquiries
Where consent is required before sale in Clayton-le-Moors
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Clayton-le-Moors - Sample of Queries before buying
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In the main the outlay for major works tend not to be included within maintenance charges, albeit that there some managing agents in Clayton-le-Moors ask tenants to contribute towards a sinking fund created for the specific intention of building a fund for larger repairs or maintenance. You should be aware that where the lease has no more than eighty years it will impact the marketability of the flat. Check with your lender that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease at some point and it is worth finding out how much this will be. For most Clayton-le-Moorslease extensions you will need to own the premises for 24 months in order to be eligible to extend the lease. Does this lease have in excess of 82 years remaining?