We are a couple about to sign contracts for a ground floor flat in Royal Tunbridge Wells. We have hit a problem. Our mortgage offer with Lloyds TSB Bank expires on 25/6/2024 but the vendors are suggesting a completion date of 27/6/2024. Is it possible to prolong the loan offer?
The best person to deal with your question is your solicitors who will hopefully assess whether he or she is better off negotiating with the lender, vendor’s representatives, property agents or conceivably all three based on the circumstances your house move to date.
I have 71 years left on my lease and need a lease extension for my apartment in Royal Tunbridge Wells. Conveyancing solicitors on the Virgin panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/4/2024 the requirements read as follows :
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a house in Royal Tunbridge Wells? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Royal Tunbridge Wells?
Unless a previous acquisition of the house completed post 12 October 2013 you can assume that lawyers delivering conveyancing in Royal Tunbridge Wells to remain recommending a chancel search and or chancel repair liability policy.
My wife and I have a terraced Georgian house in Royal Tunbridge Wells. Conveyancing lawyer acted for me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Royal Tunbridge Wells and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing lawyer who conducted the work.
About to purchase a new build flat in Royal Tunbridge Wells. 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 conveyancing.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Royal Tunbridge Wells
-
Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Is it simple use the search facility to choose a conveyancing practitioner in Royal Tunbridge Wells on the panel for my mortgage?
Step one is to pick a lender such as National Westminster Bank, Barnsley Building Society or Britannia then specify your preferred area e.g. Royal Tunbridge Wells. Conveyancing firms in Royal Tunbridge Wells and beyond will then be identified.