We are a couple about to exchange contracts for a garden flat in Harleston. We have hit a problem. Our loan offer with Clydesdale runs out on 13/1/2026 but the owners are insisting on a completion date of 15/1/2026. Is it possible to prolong the mortgage offer?
The best person to address this question is your lawyer who is in a position to determine whether he or she is better off negotiating with the mortgage broker, vendor’s lawyers, selling agents or possibly all parties taking into account what has gone on in your transaction as of today.
I purchased a freehold house in Harleston but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Harleston and has limited impact for conveyancing in Harleston but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I require expedited conveyancing in Harleston as I am under a deadline to exchange contracts inside one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are not taking a home loan you have the choice not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in Harleston the following are instances of what can appear and adversely affect future saleability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
How does conveyancing in Harleston differ for new build properties?
Most buyers of new build property in Harleston approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Harleston usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Harleston or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Harleston is the location of the property. What do you suggest?
Flying freeholds in Harleston are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Harleston you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harleston may decide 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 premises.
What makes your site different to other online quote calculators when it comes to conveyancing in Harleston?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Harleston. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your conveyancing in Harleston