We are about to exchange contracts for a garden flat in Gants Hill. We have hit a stumbling block. Our loan offer with Coventry Building Society runs out on 10/11/2025 but the owners are insisting on a completion date of 12/11/2025. Is it possible to prolong the loan offer?
The person best placed to address this question is your conveyancer who will hopefully determine if he or she is corresponding with the lender, owner’s representatives, selling agents or conceivably all three based on what has happend in your conveyancing as of today.
Why is leasehold purchase conveyancing in Gants Hill is more expensive?
Gants Hill leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I have been told that property searches are a common cause of hinderance in Gants Hill conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Gants Hill.
I'm buying my first flat in Gants Hill benefiting from help to buy. The sellers refused to move on the price so I negotiated 6k of extras instead. The sale representative told me not to tell my lawyer about this extras as it could jeopardize my loan with The Mortgage Works. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to instruct a conveyancing practitioner in Gants Hill for my house move. Is it possible to review a firm’s complaints history with the profession’s regulator?
Members of the public can read documented Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. For records Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator may recorded telephone calls for training requirements.
Expecting to sign contracts shortly on a basement flat in Gants Hill. Conveyancing solicitors inform me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Gants Hill should include some of the following:
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Does the lease require carpeting throughout thus preventing wood flooring? The total ownership of the demise. This could be the property itself but may include a loft or basement if applicable. Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? You should be advised what counts as a Nuisance as far as the lease is concerned You should know whether the lease allows you to alter or upgrade anything in the flat- you should be made aware as to whether it applies to all alterations or limited to structural alteration, and whether permission is required
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Gants Hill conveyancing firm to act on my behalf?
if there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the sum to be paid.
An example of a Freehold Enfranchisement decision for a Gants Hill property is 59 & 59a Clarendon Gardens in February 2014. The Tribunals valuation for the freehold was £30,073.00 The unexpired lease term was 65 and 61.