We are about to sign contracts for a property in Horfield. We have hit a problem. The loan offer with Barclays runs out on 11/5/2026 but the owners are insisting on a completion date of 13/5/2026. Is it possible to prolong the loan expiry date?
The person best placed to address this issue is your solicitors who is in a position to calculate whether they should be discussing with the mortgage broker, seller’s representatives, property agents or conceivably all parties given the circumstances your conveyancing to date.
I am about to put an offer on a leasehold flat in Horfield. The estate agents tell me that it is the norm for flats in Horfield to have less than 75 years remaining. I am getting a mortgage with Chelsea Building Society. Is this going to be acceptable if the lease has 72 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/3/2026 the requirements read as follows :
I require expedited conveyancing in Horfield as I am faced with pressure to exchange contracts in less than one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are not taking a mortgage you are at free not to have searches conducted although no conveyancer would advise that you don't. With plenty of history conveyancing in Horfield the following are instances of what can crop up and therefore affect future saleability: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
I have todaybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Horfield for a purchase of a leasehold apartment 9 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Horfield conveyancing specialists.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Horfield is the location of the property. Can you offer any guidance?
Flying freeholds in Horfield are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Horfield 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 Horfield may ascertain 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.
Having had my offer accepted I require leasehold conveyancing in Horfield. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
If the lease is registered - and most are in Horfield - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a 1st floor flat in Horfield, conveyancing was carried out in 2001. Can you work out an approximate cost of a lease extension? Similar properties in Horfield with over 90 years remaining are worth £265,000. The ground rent is £50 yearly. The lease ends on 21st October 2101
You have 75 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" 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 without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.