We are a couple about to exchange contracts for a ground floor flat in Fordingbridge. We have hit a problem. The loan offer with National Westminster Bank expires on 27/6/2025 but the sellers are suggesting a completion date of 1/7/2025. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your conveyancer who is in a position to determine if he or she is better off negotiating with the lender, seller’s conveyancers, property agents or indeed all parties taking into account the history of your transaction to date.
My wife and I purchasing a victorian detached house in Fordingbridge. Our aim is to an extension at the rear at the property.Will the conveyancing process include checks to ascertain if these alterations are permitted?
Your solicitor will check the registered title as conveyancing in Fordingbridge can on occasion identify restrictions in the title deeds which restrict categories of works or need the permission of a 3rd party. Certain extensions need local authority planning consent and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
My partner and I have organised a further advance on our home loan from Virgin Money as we wish to carry out renovations to our house in Fordingbridge. Do we need to appoint a bricks and mortar Fordingbridge solicitor on the Virgin Money conveyancing panel to handle the legals?
Virgin Money would not normally instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money list.
Intending to buy a house in Fordingbridge. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Fordingbridge lawyer is on the Barclays conveyancing panel.
I am looking for a flat up to £235,500 and identified one near me in Fordingbridge I like with a park and railway links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Fordingbridge in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
What does commercial conveyancing in Fordingbridge cover?
Fordingbridge conveyancing for business premises covers a wide range of guidance, given by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My husband and I are 14 days into a freehold purchase having been recommend to solicitors by the high street agent to handle our conveyancing in Fordingbridge. I am not happy. Can you you assist me in finding new lawyers?
They would have to be really bad in order to consider changing them. Has the loan offer been generated? If so you will need to advise them of the replacement lawyer and get the loan are re-issued. Your new conveyancer should be on the banks approved list to avoid supplemental expenses and delays. That should be your starting point. Our find a solicitor tool can help you find a lender approved solicitor for your conveyancing in Fordingbridge
I am in need of some leasehold conveyancing in Fordingbridge. Before I get started I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Fordingbridge - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Fordingbridge - Sample of Queries before buying
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Does the lease include onerous restrictions? Are there any major works on the horizon that will likely add a premium to the service charges?