We were just about to sign contracts for a ground floor flat in Stanmore. We encountered a snag. Our loan offer with Barnsley Building Society runs out on 15/11/2021 but the sellers are putting forward a completion date of 17/11/2021. Can one prolong the loan offer?
The person best placed to deal with your issue is your conveyancer who will determine if they better off negotiating with the bank, seller’s solicitors, selling agents or conceivably all three taking into account the circumstances your conveyancing to date.
Can your site be used to locate a Conveyancing solicitor in Stanmore even where I’m not purchasing or selling a house, for example where I wish to acquire a shop in Stanmore with a loan from Accord Mortgages Ltd?
The service is mainly used to locate domestic conveyancing solicitors in Stanmore but we have recorded at the bottom of this page some Stanmore commercial conveyancing firms. You should make contact with the company directly to see if they are also authorised to represent Accord Mortgages Ltd
Are there restrictive covenants that are commonly picked up during conveyancing in Stanmore?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Stanmore. 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…’
The estate agent has sent us the confirmation of our purchase of a new build flat in Stanmore. Conveyancing is daunting 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 are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Stanmore
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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I'm remortgaging my current property to a buy to let mortgage with Virgin Money and intend to use the remaining equity as a down payment on a second property. The location we are looking at is Stanmore. Will your solicitors be able to act for the two banks and tie in the conveyances?
Make use of our comparison tool on this page to be sure that the solicitors are approved by both banks. On the basis that they are the solicitor should be able to simultaneously deal with the two transactions but you should have a chat with you lawyer and make apparent your expectations and requirements.
The conveyancing solicitors conducting our conveyancing in Stanmore has forwarded papers to review that indicate that the property is unregistered with epitome documents. Why is the property not registred at HM Land Regsitry?
Whilst the vast majorities of properties in Stanmore are now registered with HM Land Registry there are still some that remain unregistered. Any property in Stanmore that has been transferred since the late 1980’s will have been registered at the HMLR under the compulsory ‘first registration’ scheme. However, if a Stanmore property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Stanmore conveyancing lawyers should be familiar with this type of conveyancing but if any uncertainty exists the conventional advice nowadays appears to be for the current owners to register it first and subsequently sell - this will have a domino effect to cause a drawn-out home move.