We are a couple about to sign contracts for a property in Sandgate. We have hit a snag. Our loan offer with Barnsley Building Society runs out on 15/5/2025 but the sellers are suggesting a completion date of 19/5/2025. Is it possible to prolong the mortgage expiry date?
The best person to address this concern is your lawyer who should calculate whether he or she is corresponding with the mortgage company, owner’s lawyers, property agents or possibly all parties taking into account the circumstances your conveyancing to date.
Finally the sale completed on my house in Sandgate last July but our buyer keeps Skype messaging me to say his solicitor is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your house sale your solicitor is obliged to forward the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer should also send confirmation that the mortgage has been discharged to the buyers conveyancers. There are no post completion tasks peculiar conveyancing in Sandgate.
Have purchased a a semi-detached house in Sandgate , how long should it take for the Land Registry to record the transfer to my name? My Sandgate conveyancing solicitor has been very slow, so I want to be certain that my purchase is registered.
As far as conveyancing in Sandgate is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether there are errors and if the Land registry must send notices to any third parties. At present approximately three quarters of such applications are fully addressed within 12 days but occasionally there can be protracted delays. Historically registration is effected after the buyer has moved in to the property thus 'speed' is not typically an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.
Just had an offer accepted on a new build flat in Sandgate. Conveyancing is a frightening process 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 are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Sandgate
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I own a leasehold flat in Sandgate. Conveyancing and Alliance & Leicester mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Sandgate who previously acted has long since retired. Any advice?
First make enquiries of HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to instruct a Sandgate conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Sandgate Leasehold Conveyancing - Sample of Queries Prior to buying
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Who is in charge of the block? Many Sandgate leasehold flats will incur a service charge for maintenance of the block invoiced on behalf of the freeholder. If you buy the property you will have to pay this amount, usually quarterly accross the year. This could differ from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a rentcharge for you to pay yearly, this is usually not a exorbitant figure, say around £25-£75 but you should to check it because occasionally it can be prohibitively expensive. Are any of leasehold owners in dispute over their service charge liability?
My wife and I are selling a Sandgate property left to us 8 years ago in 2012. I have over a decades worth of conveyancing experience and, now retired, wish to conduct the legal work. The purchaser's solicitor has informed me that their Lenders will not allow us to do our own conveyancing mandating that the funds to be transferred to a solicitor's bank account.
Mortgage instructions to conveyancing practitioners from all mainstream lenders state that If the vendor is not legally represented the borrower's lawyers should check whether the mortgage company needs to be told so that a decision can be reached as to whether they are prepared to progress.