We are about to exchange contracts for a leasehold flat in Keston. We encountered a snag. Our loan offer with Godiva Mortgages Ltd expires on 16/9/2024 but the sellers are putting forward a completion date of 18/9/2024. Can one extend the loan expiry date?
The best person to address this concern is your conveyancer who will hopefully determine whether he or she is better off negotiating with the mortgage company, owner’s representatives, property agents or possibly all parties given the history of your transaction as of today.
Why is leasehold purchase conveyancing in Keston is more expensive?
Keston leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
I am purchasing a semi-detached house in Keston. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Keston you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Keston.
How easy is it to change solicitor as I have to find one who is on the Coventry Building Society conveyancing list. I hired a local conveyancing solicitor in Keston round the corner but she is not approved by Coventry Building Society
We will our best to assist in finding you a conveyancing solicitor in Keston on the Coventry Building Society panel. Please note that the property lawyers that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Keston. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Keston.
I need to appoint a conveyancing solicitor for sale conveyancing in Keston. I have stumble across a web site which seems to have the ideal answer If there is a chance to get all formalities completed via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We have just discovered that one of the partners of the firm undertaking the purchase conveyancing in Keston is a relative of the owners that we are buying from. Is this allowed?
As long as no conflict arises this is allowable. Where you are requiring a mortgage then the bank may have a say as many mortgage companies have specific requirements on this. For example for Santander as of 14/7/2024, the requirements read as follows :