We were just about to exchange contracts for a semi detached house in Ellesmere Port. We encountered a stumbling block. The loan offer with Barnsley Building Society expires on 29/6/2026 but the sellers are putting forward a completion date of 1/7/2026. Can one extend the mortgage expiry date?
The best person to address this issue is your lawyer who will assess if they should be discussing with the bank, owner’s conveyancers, property agents or conceivably all parties taking into account the circumstances your house move to date.
My brother-in-law has suggested I instruct a conveyancing solicitor in Ellesmere Port. I I would like to check whether they are on the Clydesdale approved list of lawyers. Could you assist?
You should e-mail your solicitor and ask them if they are on the lender panel. Alternatively please call Clydesdale who may be able to confirm.
Me and my brother own a renovated Victorian house in Ellesmere Port. Conveyancing practitioner acted for me and Santander. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ellesmere Port and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing lawyer who completed the work.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Ellesmere Port is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ellesmere Port are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ellesmere Port you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ellesmere Port 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 property.
I am a sole trader planning to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-sale-no costs for commercial conveyancing in Ellesmere Port for under £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Ellesmere Port, including the sale and purchase of businesses as well as simply property. If you are looking to purchase or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. As for the charges this will depend on the structure and complexity of the deal. Please provide us with your details or email us so that we can furnish you with comprehensive commercial conveyancing calculation.
When it comes to leasehold conveyancing in Ellesmere Port what are the most frequent lease defects?
Leasehold conveyancing in Ellesmere Port is not unique. All leases are unique and legal mistakes in the legal wording can sometimes mean that certain clauses are wrong. The following missing provisions could result in a defective lease:
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Clauses dealing with recovering service charges for expenditure on the building or common parts. Repairing obligations to or maintain elements of the property
You could have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Birmingham Midshires, Coventry Building Society, and Nottingham Building Society all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to withdraw.
I invested in buying a ground floor flat in Ellesmere Port, conveyancing was carried out July 2010. How much will my lease extension cost? Equivalent flats in Ellesmere Port with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced annually. The lease runs out on 21st October 2081
With 55 years remaining on your lease the likely cost is going to be between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.