We were just about to sign contracts for a freehold house in South Harrow. We encountered a snag. The loan offer with Aldermore expires on 30/3/2026 but the vendors are insisting on a completion date of 1/4/2026. Is it possible to extend the loan offer?
The person best placed to address this concern is your conveyancer who will assess if they better off negotiating with the lender, owner’s representatives, property agents or conceivably all parties given the history of your house move as of today.
Is there a search tool that I can use to discover of the solicitor handling my conveyancing in South Harrow is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus paying £192.00 in supplemental conveyancing fees.
Please do make use of the search tool on this site. Pick the lender and type ‘South Harrow’ or your location and you will see numerous conveyancers based in South Harrow or near you.
I am the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in South Harrow. Conveyancing formalities meant that the Land Registry date was in December. I now wish to sell up. I understand that there is a CML 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the property in December. Do I have to wait half a year to sell?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How sensible a view banks take of it, depend on the lender as this clause principally exists to pick up on subsales or the quick reselling of property.
Is it the case that all South Harrow solicitor practices on the Skipton conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Skipton conveyancing panel they would need to be regulated by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be overseen by the CLC.
My partner and I are spending time looking at apartments in South Harrow and I am about to put in an offer. Is it best to have my lawyer on ‘stand by’? I intend to finance via a mortgage with Bank of Ireland.
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 forward their details on to the selling agent. Given that you are obtaining a mortgage with Bank of Ireland, make sure you remember to check that your lawyer is on the Bank of Ireland conveyancing panel.
I am buying a house and the conveyancer has mentioned Chancel Repair to which the house may be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this really appropriate for conveyancing in South Harrow
Unless a previous purchase of the house completed after 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in South Harrow to continue to propose a a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly picked up during conveyancing in South Harrow?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in South Harrow. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a ground for flat up to £245,000 and found one round the corner in South Harrow I like with amenity areas and transport links nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in South Harrow for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.