We were just about to sign contracts for a freehold house in Merton. We have hit a problem. The mortgage offer with Lloyds TSB Bank expires on 13/8/2025 but the owners are putting forward a completion date of 15/8/2025. Can one extend the mortgage expiry date?
The person best placed to deal with your question is your solicitors who will hopefully determine whether he or she is better off negotiating with the bank, owner’s conveyancers, property agents or indeed all three based on what has gone on in your house move as of today.
We see that you have a post code search directory identifying solicitors on the Principality conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Merton?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Merton.
I opted to have a survey done on a property in Merton before retaining solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks may not give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Merton. Conveyancing will be smoother if you use a solicitor in Merton especially if they are familiar with such properties in Merton.
How do I use your search app to get a quote from a conveyancing solicitor in Merton on the panel for my mortgage?
First select a mortgage company such as Nationwide Building Society, Bank of Scotland or Godiva Mortgages Ltd then choose your location for example Merton. Conveyancing firms in Merton and beyond should be identified.
In my capacity as executor for the will of my uncle I am disposing of a property in Neath but live in Merton. My solicitor (who is 260 miles from mehas requested that I sign a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Merton who can witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Merton
What are the common problems that you encounter in leases for Merton properties?
There is nothing unique about leasehold conveyancing in Merton. All leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are not included. The following missing provisions could result in a defective lease:
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A duty to insure the building Repairing obligations to or maintain elements of the property
You could have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Skipton Building Society, and Aldermore all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to pull out.
Leasehold Conveyancing in Merton - A selection of Queries Prior to Purchasing
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What is the service charge and ground rent on the property? What restrictions are there in the Merton Lease?