We are a couple about to exchange contracts for a freehold house in Horfield. We have hit a problem. Our mortgage offer with Bank of Scotland expires on 19/9/2024 but the sellers are insisting on a completion date of 23/9/2024. Is it possible to extend the loan expiry date?
The person best placed to deal with your issue is your conveyancer who will hopefully determine if they corresponding with the mortgage broker, vendor’s conveyancers, property agents or indeed all parties based on the circumstances your house move as of today.
We note that you have a search directory listing solicitors on the UBS conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Horfield?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Horfield.
I have been told that property searches are a common reason for obstruction in Horfield conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Horfield.
I moved into my home on 7 July and the transaction details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Horfield said it would be recorded inside ten days. Are transfers in Horfield uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Horfield registration formalities. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any 3rd persons or bodies. As of today in the region of three quarters of such applications are fully dealt with within two weeks but occasionally there can be extensive delays. Registration is effected once the purchaser is living at the property so 'speed' is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers must communicate with the Registry to express the reasoning for an expedited registration.
How easy is it to switch firm as I need to retain one who is on the HSBC Bank conveyancing panel. I had appointed a family conveyancing solicitor in Horfield five minutes from me but the firm is not accepted by HSBC Bank
It would be our pleasure to assist you find a conveyancing solicitor in Horfield on the HSBC Bank panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Horfield. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Horfield.
I am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable figure which is making it all the more appealing. I have just discovered that the title is leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Horfield. Conveyancing advisers have are soon to be appointed. Will they explain the issues?
The majority of houses in Horfield are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Horfield in which case you should be shopping around for a Horfield conveyancing practitioner and check that they have experience in transacting on leasehold houses. As a matter of priority 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 comes with conditions for example obtaining the landlord’sconsent to carry out changes to the property. You may also be required to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your conveyancer will appraise you on the various issues.
Leasehold Conveyancing in Horfield - Examples of Questions you should ask before Purchasing
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Is there a share of the freehold? What is the the remaining lease term?