We are a couple about to sign contracts for a property in Cuckfield. We encountered a stumbling block. The loan offer with Barnsley Building Society expires on 30/9/2025 but the owners are putting forward a completion date of 2/10/2025. Can one extend the mortgage expiry date?
The person best placed to deal with your concern is your conveyancer who will hopefully assess if they corresponding with the lender, owner’s conveyancers, property agents or indeed all parties based on what has happend in your transaction as of today.
Completed the sale of my flat in Cuckfield last August yet the purchaser is SMS messaging every few hours to say his solicitor needs to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Following your house sale your lawyer should send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your conveyancer should also send confirmation that the mortgage has been paid off to the purchasers conveyancers. There are no post completion steps specific conveyancing in Cuckfield.
How does conveyancing in Cuckfield differ for new build properties?
Most buyers of new build or newly converted property in Cuckfield approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Cuckfield usually 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 property lawyers 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 Cuckfield or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Cuckfield is the location of the property. What do you suggest?
Flying freeholds in Cuckfield are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cuckfield you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cuckfield may determine 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.
How easy is it to use your search tool to get a costs illustration from a conveyancing practitioner in Cuckfield on the approved list for my mortgage?
1st choose a bank such as Barclays , Norwich and Peterborough Building Society or Aldermore then type in your location for instance Cuckfield. Conveyancing practices in Cuckfield and beyond will then be listed.
My conveyancing in Cuckfield is set to complete next Friday, but the person I am purchasing from wants to vacate on the Saturday midday. Can I agree to this?
You can't complete on a Saturday due to the bank systems are not working.