We are a couple about to sign contracts for a freehold house in Crofton Park. We have hit a snag. Our mortgage offer with Chelsea Building Society runs out on 16/2/2026 but the owners are putting forward a completion date of 18/2/2026. Can one prolong the mortgage expiry date?
The person best placed to address this concern is your lawyer who will hopefully determine if they should be discussing with the bank, seller’s solicitors, property agents or conceivably all parties based on the history of your transaction to date.
We're in Crofton Park, First timers purchasing with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
How does conveyancing in Crofton Park differ for new build properties?
Most buyers of new build or newly converted property in Crofton Park contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Crofton Park typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Crofton Park or who has acted in the same development.
My husband and I are novice buyers - had an offer accepted, yet the selling agent told us that the owners will only proceed if we instruct the agent's preferred conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a family conveyancer who is accustomed to conveyancing in Crofton Park
We suspect that the owner is not behind this requirement. If they desire ‘a quick sale', taking such a hostile approach to a serious purchaser is likely to cause more damage than good. Speak to the vendors direct and explain that (a)you are serious buyers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you are going to instruct your own,trusted Crofton Park conveyancing firm - not the ones that will provide their negotiator at the agency a referral fee or achieve conveyancing thresholds set by head office.
If all goes to plan we aim to complete the disposal of our £225,000 maisonette in Crofton Park in nine days. The landlords agents has quoted £312 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Crofton Park?
Crofton Park conveyancing on leasehold apartments more often than not necessitates the purchaser’s solicitor sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer such questions the majority will be content to do so. They are entitled to levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some situations it is above £800. The management information fee required by the landlord must be sent together with a summary of entitlements and obligations in respect of administration fees, otherwise the invoice is not strictly payable. Reality however dictates that one has no option but to pay whatever is requested of you if you want to exchange contracts with the buyer.
I am the registered owner of a a ground floor purpose built flat in Crofton Park. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
Absolutely. We are happy to put you in touch with a Crofton Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Crofton Park property is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case related to 1 flat.
Your search tool is useful but there are many lawyers listed near Crofton Park being on the lender conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our mortgage company?
We are not in the business of recommending one firm above another as the right Crofton Park conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Crofton Park knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..