We were just about to exchange contracts for a semi detached house in Hazlemere. We encountered a stumbling block. Our mortgage offer with HSBC Bank runs out on 5/11/2024 but the vendors are putting forward a completion date of 7/11/2024. Is it possible to extend the loan expiry date?
The person best placed to deal with your concern is your solicitors who will hopefully determine whether they should be discussing with the lender, seller’s lawyers, selling agents or indeed all three based on what has gone on in your house move to date.
Why do I have to pay up front for conveyancing in Hazlemere?
Where you are retaining lawyers for conveyancing in Hazlemere your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. Generally this is needed to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this should be required shortly in advance of exchange of contracts. Any further balance that is due will be payable a couple of days ahead of the completion date.
I require expedited conveyancing in Hazlemere as I am under a deadline to complete in less than 3 weeks. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are not taking a home loan you are at free not to have searches carried out although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Hazlemere the following are examples of issues that can crop up and therefore affect market value: Enforcement Notices, Outstanding Fees, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly identified as part of conveyancing in Hazlemere?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Hazlemere. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Am I better off to use a Hazlemere conveyancing solicitor who is local to the property I am purchasing? An old friend can carry out the legal formalities however his firm is located over three hundred kilometers away.
The benefit of a local Hazlemere conveyancing practice is that you can visit the firm to sign paperwork, hand in your ID and apply pressure on them if necessary. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were impressed that must outweigh using an unfamiliar Hazlemere conveyancing lawyer solely due to them being local.
How does one remove a deceased person's details from the title deeds for a property in Hazlemere?
If a Hazlemere property is co-owned and one of the owners dies, their name will not automatically be removed from the Land Registry title. It is not necessary to remove their name as when it comes to a sale you would just be asked to supply proof why the co proprietor is missing from the conveyance, typically this takes the form of a grant of probate.
With the aim of making things simpler in the future you may arrange to have the deceased person removed from the title register by submitting an application to HM Land Registry with evidence of the death. There is no fee from the Registry for this service.