We were just about to exchange contracts for a semi detached house in West Moors. We encountered a snag. Our loan offer with Barnsley Building Society expires on 14/12/2020 but the owners are suggesting a completion date of 16/12/2020. Can one prolong the loan offer?
The best person to deal with your issue is your lawyer who is in a position to assess if he or she is better off negotiating with the mortgage broker, vendor’s solicitors, property agents or possibly all parties based on the circumstances your house move as of today.
Completed the sale of my flat in West Moors last July yet the purchaser is telephoning daily to say his solicitor needs to hear from mine. What are the post completion sale formalities now that I have sold?
Following your sale your conveyancer is committed to forward the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer should also evidence that the home loan has been redeemed to the purchasers conveyancers. There is unlikely to be post completion steps unique to conveyancing in West Moors.
I have recentlybecome aware that Arc property Solicitors have been shut down. They conducted my conveyancing in West Moors for a purchase of a freehold house 9 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of West Moors conveyancing specialists.
I am buying a new build house in West Moors with the aid of help to buy. The builders refused to move on the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not reveal to my conveyancer about this deal as it may jeopardize my mortgage with the lender. Should I keep quiet?.
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.
How does the Landlord & Tenant Act 1954 impact my commercial property in West Moors and how can you help?
The 1954 Act affords security of tenure to business tenants, giving them the a statutory right to make a request to court for a renewal lease and remain in occupation at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in West Moors
Why do West Moors conveyancing fees are more expensive for leasehold and freehold properties?
Leasehold conveyancing in West Moors can involve additional work such as investigating the lease, liaising with the freeholder, obtaining up to date rent receipts, landlord’s consents, management company’s accounts amongst other tasks.