We were just about to sign contracts for a property in Windermere. We encountered a stumbling block. Our loan offer with Clydesdale expires on 2/9/2025 but the vendors are insisting on a completion date of 4/9/2025. Can one extend the mortgage offer?
The best person to address this question is your solicitors who will hopefully assess if they better off negotiating with the mortgage broker, vendor’s lawyers, selling agents or possibly all three taking into account the circumstances your house move as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in Windermere? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Windermere conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing where you live.
In accordance with Money Laundering Regulations, property lawyers are required to investigate not only the identity of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this will lead to your solicitor ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the appropriate authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.
I used Action Conveyancing a few years past for my conveyancing in Windermere. I now require my papers but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Windermere of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the advice of my in-laws I had a survey completed on a house in Windermere in advance of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks will not grant a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Windermere. Conveyancing may be slightly more expensive based on your lender's requirements.
I was advised by numerous selling agents in Windermere to select a conveyancer on your site. Is there a financial incentive for Estate Agents to promote your services ahead of alternative conveyancing organisations?
We refuse to give any commission for pointing buyers and sellers to this site. We found it would be just too difficult a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
If all goes to plan we aim to complete the sale of our £275,000 maisonette in Windermere in just under a week. The freeholder has quoted £420 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Windermere?
Windermere conveyancing on leasehold apartments more often than not requires the purchaser’s lawyer sending questions for the landlord to answer. Although the landlord is not legally bound to address these enquiries most will be content to do so. They may charge a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some cases it is above £800. The administration charge levied by the landlord must be accompanied by a summary of rights and obligations in relation to administration charges, without which the charge is technically not due. Reality however dictates that you have little choice but to pay whatever is requested of you if you want to sell the property.
Windermere Leasehold Conveyancing - Sample of Queries before buying
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Who are the managing agents? The best form of lease structure is if the freehold title is owned by the leaseholders. In this situation the leaseholders have control and even though a managing agent is often employed if it is bigger than a house conversion, the managing agent employed by the leaseholders. What restrictions exist in the Windermere Lease?