We were just about to sign contracts for a garden flat in Hanworth. We encountered a snag. Our mortgage offer with Skipton Building Society runs out on 16/6/2025 but the owners are putting forward a completion date of 18/6/2025. Can one prolong the mortgage expiry date?
The best person to deal with your issue is your solicitors who will calculate if he or she is better off negotiating with the bank, owner’s lawyers, estate agents or possibly all parties based on the circumstances your conveyancing to date.
I have 71 years left on my lease and require a lease extension for my flat in Hanworth. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 15/4/2025 the requirements read as follows :
Is it necessary to pay for insurance to cover chancel repairs when purchasing a house in Hanworth?
Unless a prior acquisition of the premises took place after 12 October 2013 you may take it that lawyers carrying out conveyancing in Hanworth to remain recommending a chancel search and or chancel repair liability policy.
I'm buying a new build house in Hanworth with the aid of help to buy. The sellers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not to tell my conveyancer about this extras as it will affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Hanworth is the location of the property. What do you suggest?
Flying freeholds in Hanworth are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hanworth you must be sure that your lawyer goes 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 Hanworth 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.
I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable price which is making it all the more appealing. I have just found out that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Hanworth. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the risks of buying a leasehold house in Hanworth ?
Most houses in Hanworth are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Hanworth in which case you should be looking for a Hanworth conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’spermission to carry out alterations. You may also be required to pay a service charge towards the upkeep of the estate where the house is located on an estate. Your lawyer should report to you on the legal implications.
Following months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Hanworth. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We are happy to put you in touch with a Hanworth conveyancing firm who can help.
An example of a Lease Extension case for a Hanworth flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The remaining number of years on the lease was 82.93 years.