We were just about to exchange contracts for a garden flat in Llanmartin. We encountered a stumbling block. The mortgage offer with Aldermore expires on 7/10/2025 but the owners are insisting on a completion date of 9/10/2025. Can one extend the loan expiry date?
The person best placed to address this concern is your conveyancer who will hopefully determine if he or she is better off negotiating with the mortgage company, owner’s solicitors, selling agents or conceivably all three taking into account the circumstances your conveyancing as of today.
It is a dozen years since I acquired my home in Llanmartin. Conveyancing lawyers have now been instructed on the sale but I am unable to find the deeds. Is this a problem?
You need not be too concerned. Firstly there is a chance that the deeds will be kept by the lender or they could still be with the lawyers who acted in your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. The vast majority of conveyancing in Llanmartin involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
I am purchasing a house and the lawyer has mentioned Chancel Repair to which the house could be liable because it falls into the area of such a church. She has suggested insurance. Is this really necessary for conveyancing in Llanmartin
Unless a prior purchase of the property took place after 12 October 2013 you could assume that lawyers handling conveyancing in Llanmartin to remain recommending a chancel search and or chancel repair liability policy.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Llanmartin is where the house is located. What do you suggest?
Flying freeholds in Llanmartin are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Llanmartin you would need to get your solicitor to go 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 Llanmartin 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 property.
What are your top tips when it comes to choosing a Llanmartin conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a Llanmartin conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you talk with two or three firms including non Llanmartin conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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What are the charges for lease extension work?
Llanmartin Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
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Best to be warned whether a new roof is being installed or some other major work is due in the foreseeable future to be shared between the leaseholders and could well materially impact the level of the maintenance costs or necessitate a one time payment. How much is the yearly service fee and ground rent?
I am Googling for Llanmartin competitive conveyancing fees. Can I be assured that all the Llanmartin practices that are listed on your directory are on the lender conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a bank or a member of the public that the data about a specific Llanmartin conveyancing solicitor being on the lender conveyancing panel is incorrect.