We were just about to exchange contracts for a semi detached house in Thamesmead. We have hit a snag. Our loan offer with Leeds Building Society expires on 12/8/2025 but the vendors are suggesting a completion date of 14/8/2025. Is it possible to prolong the mortgage expiry date?
The best person to address this question is your conveyancer who is in a position to determine whether he or she is should be discussing with the bank, seller’s representatives, selling agents or conceivably all three given what has happend in your transaction to date.
Forgive me if this question is silly but I am new to the home buying as FTB of a two bedroom flat in Thamesmead. Do I pick up the keys to the premises on completion from my solicitor? If this is the case, I will use a local conveyancing solicitor in Thamesmead?
On the day of completion you do not need to go to the conveyancers office in Thamesmead. Your solicitors will arrange to send the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you should be called to pick up the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
We expect to receive a AIP from Yorkshire BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Thamesmead solicitors on the Yorkshire BS conveyancing panel, or is it better to go independently?
You will need to appoint Thamesmead solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
I recently had an offer accepted on an apartment in Thamesmead. My mortgage broker suggested a property lawyer. I paid an on account payment of £150. A couple of days later, the conveyancer called me embarrassingly acknowledging that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I require quick conveyancing in Thamesmead as I am faced with an ultimatum to complete within one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you have the choice not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in Thamesmead the following are examples of issues that can appear and therefore impact future mortgageability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly picked up as part of conveyancing in Thamesmead?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Thamesmead. 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…’
I am buying a new build apartment in Thamesmead. Conveyancing is necessary evil 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.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Thamesmead
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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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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.
What does commercial conveyancing in Thamesmead cover?
Thamesmead conveyancing for business premises incorporates a wide array of advice, provided by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.