We are about to sign contracts for a garden flat in Silverton. We have hit a problem. Our mortgage offer with Barclays Direct expires on 28/8/2026 but the sellers are putting forward a completion date of 2/9/2026. Is it possible to prolong the loan offer?
The best person to deal with your question is your conveyancer who will determine whether he or she is corresponding with the mortgage company, seller’s conveyancers, property agents or indeed all parties based on the circumstances your transaction to date.
We are getting a further advance on our home loan from UBS as we want to carry out a loft conversion to our house in Silverton. Do we need to choose a nearby Silverton solicitor on the UBS conveyancing panel to handle the paperwork?
UBS do not ordinarily instruct firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
My fiancee and I are in the throws of looking at apartments in Silverton and I am now considering a potential offer. Is it sensible to have a property lawyer on ‘stand by’? I will be getting a home loan with Santander.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are taking out a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat in Silverton. I have a mortgage agreed with Principality. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
Despite weeks of looking the Title Certificate and documents to our house are lost. The conveyancers who conducted the conveyancing in Silverton 10 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical original deeds to establish that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
My husband and I are a couple of weeks into a leasehold purchase having been directed to solicitors by the estate agent to handle our conveyancing in Silverton. I am am starting to be dissatisfied with the level of service. Can you you assist me in finding new lawyers?
They would have to be very bad to suggest replacing them. Has the mortgage offer been generated? In the event that it has you must inform them of the replacement conveyancer and ensure the offer are re-issued. The solicitor ideally should be on the lenders approved list to avoid supplemental fees and delays. So that should be your starting point. Our find a solicitor tool will help you find a lender approved solicitor for your home move in Silverton
I only have Sixty One years remaining on my flat in Silverton. I am keen to get lease extension but my landlord is absent. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to demonstrate that you have done all that could be expected to track down the freeholder. On the whole a specialist should be helpful to try and locate and prepare an expert document which can be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Silverton.
I purchased a split level flat in Silverton, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Silverton with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease terminates on 21st October 2082
With only 56 years unexpired the likely cost is going to span between £29,500 and £34,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.
I've found a house that seems to be perfect, at a great figure which is making it all the more appealing. I have just been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Silverton. Conveyancing lawyers have are about to be appointed. Will they explain the issues?
Most houses in Silverton are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Silverton in which case you should be looking for a Silverton conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. First you will need to check the number of years remaining. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the house is located on an estate. Your conveyancer will report to you on the legal implications.