We were just about to sign contracts for a semi detached house in Haltwhistle. We encountered a stumbling block. The loan offer with Halifax expires on 23/3/2026 but the vendors are insisting on a completion date of 25/3/2026. Is it possible to extend the loan expiry date?
The person best placed to deal with your issue is your lawyer who is in a position to calculate whether he or she is should be discussing with the lender, owner’s lawyers, selling agents or indeed all three given the history of your house move to date.
I had intended to instruct a property lawyer in Haltwhistle for our house purchase. Our financial adviser has since notified us that our bank Clydesdale won't deal with them. Surely this is unduly restrictive?
A mortgage company can insist on an approved solicitor act for it. You would be liable to meet the cost of this. Do use our database to locate a solicitor to carry conveyancing in Haltwhistle on the Clydesdale approved list of solicitors.
A colleague informed me that in purchasing a property in Haltwhistle there could be a number of restrictions prohibiting external changes to a property. Is this right?
There are a number of properties in Haltwhistle which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Haltwhistle should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm the only beneficiary of my late mum's estate with all property in now in my sole name, including the house in Haltwhistle. The Haltwhistle property was put into my name in December. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership could be considered the same way as if I'd bought the house in December. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. Some mortgage companies would take a practical view as this requirement is chiefly there to identify subsales or the wholesaling and assigning of properties.
The mortgage over my property is with Lloyds for my property in Haltwhistle. Conveyancing has been completed months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Lloyds?
You must advise Lloyds before renting your property as this is likely to be a breach of Lloyds’s mortgage conditions. It may be that Lloyds will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. You need not do this via a Lloyds conveyancing panel lawyer.
I am buying a new build flat in Haltwhistle. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Haltwhistle
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
How simple is it to transfer to a new conveyancer as I have to choose one who is on the Yorkshire Building Society conveyancing panel. I had appointed a high street conveyancing solicitor in Haltwhistle five minutes from me but the firm is not approved by Yorkshire Building Society
We will our best to assist in finding you a conveyancing solicitor in Haltwhistle on the Yorkshire Building Society panel. Please note that the conveyancers that we list do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Haltwhistle. In making use of search facility on this website, you can scrutinise fees for conveyancing solicitors in Haltwhistle and throughout England and Wales.
We expect to complete the sale of our £125,000 apartment in Haltwhistle in just under a week. The managing agents has quoted £408 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Haltwhistle?
Haltwhistle conveyancing on leasehold apartments usually necessitates the purchaser’s conveyancer sending questions for the landlord to answer. Although the landlord is not legally bound to address such questions the majority will be content to do so. They are at liberty to invoice a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is £350, in some transactions it is in excess of £800. The management information fee levied by the landlord must be sent together with a synopsis of rights and obligations in respect of administration fees, otherwise the invoice is technically not due. In reality one has little option but to pay whatever is demanded should you wish to sell the property.
I acquired a ground floor flat in Haltwhistle, conveyancing having been completed in 2012. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Haltwhistle with an extended lease are worth £180,000. The ground rent is £65 levied per year. The lease expires on 21st October 2085
With just 59 years remaining on your lease we estimate the price of your lease extension to range between £20,900 and £24,200 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.