I was told recently by my estate agent that my Sutton On Sea property lawyer is not on the mortgage company Conveyancing panel. How can I be certain if this is indeed the case?
You need to contact your Sutton On Sea conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a Sutton On Sea conveyancing practice that is on the approved list of lawyers for your mortgage company.
We are a couple about to exchange contracts for a semi detached house in Sutton On Sea. We have hit a problem. The mortgage offer with Virgin Money expires on 25/9/2026 but the owners are suggesting a completion date of 29/9/2026. Is it possible to extend the loan expiry date?
The person best placed to deal with your concern is your solicitors who will calculate whether he or she is better off negotiating with the mortgage company, vendor’s lawyers, estate agents or conceivably all parties taking into account the history of your house move to date.
About to place an offer on a leasehold property in Sutton On Sea. The estate agents tell me that it is the norm for flats in Sutton On Sea to have less than 75 years remaining. I am expecting a loan with Platform. Will the property be mortgageable given that the lease has Seventy One years unexpired.
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. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/7/2026 the requirements read as follows :
I am buying my first flat in Sutton On Sea with a loan from Norwich and Peterborough Building Society. The builders would not reduce the amount so I negotiated £7000 of additionals instead. The property agent suggested that I not reveal to my conveyancer about this extras as it will adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
As co-executor for the estate of my aunt I am disposing of a property in Swansea but reside in Sutton On Sea. My solicitor (who is 235 kilometers awayneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Sutton On Sea to witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Sutton On Sea
I am on look out for some leasehold conveyancing in Sutton On Sea. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and almost all are in Sutton On Sea - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a leasehold flat in Sutton On Sea, conveyancing formalities finalised October 2003. Can you work out an approximate cost of a lease extension? Comparable flats in Sutton On Sea with a long lease are worth £176,000. The ground rent is £50 invoiced annually. The lease expires on 21st October 2106
With just 80 years unexpired we estimate the premium for your lease extension to be between £8,600 and £9,800 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.