We were just about to exchange contracts for a ground floor flat in Mossley. We have hit a stumbling block. The loan offer with The Royal Bank of Scotland expires on 26/1/2024 but the sellers are insisting on a completion date of 30/1/2024. Is it possible to prolong the loan offer?
The best person to deal with your issue is your solicitors who will hopefully determine whether he or she is better off negotiating with the lender, vendor’s representatives, selling agents or indeed all parties given the circumstances your transaction to date.
I am purchasing a house and need a conveyancing solicitor in Mossley who is on the National Westminster Bank conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Mossley. We dont recommend any particular firm.
What is the difference between a licensed conveyancer and conveyancing solicitor in Mossley
There are two types of lawyers who can do conveyancing in Mossley namely CLC regulated conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the disposal or acquisition of property. Both are duty bound to conduct Mossley conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be professionally carried out and that the requirements and steps should be appropriately followed.
I am the sole beneficiary of my late mum's will and I have everything in my name alone, including the my former home in Mossley. The Mossley property was put into my name in October. I want to move. I do know about the CML 6 month 'rule', meaning my property ownership may be treated the same way as though I had purchased the house in October. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How sensible a view mortgage companies take of it, depend on the bank as this clause chiefly exists to identify the purchase and immediately sell or the quick reselling of properties.
I recently had an offer accepted on a house in Mossley. My financial adviser recommended their conveyancers. I paid an advanced payment of £175. Not long after, the lawyer contacted me to say that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
We are downsizing from our property in Mossley and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an internet conveyancing practice rather than a conveyancing solicitor in Mossley. We have lived in Mossley for 5 years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I am buying a new build apartment in Mossley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Mossley
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Mossley I like with open areas and transport links in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Mossley for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.