We were just about to exchange contracts for a ground floor flat in Winterbourne. We encountered a problem. Our mortgage offer with Clydesdale expires on 11/3/2022 but the vendors are putting forward a completion date of 15/3/2022. Is it possible to prolong the loan offer?
The person best placed to address this question is your conveyancer who is in a position to calculate if they corresponding with the bank, owner’s lawyers, selling agents or conceivably all parties based on what has gone on in your transaction to date.
I am purchasing a house and need a conveyancing solicitor in Winterbourne who is on the Nottingham Building Society approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Winterbourne. We dont recommend any particular firm.
Please help - my lawyer advises that lack of building regulations insurance is necessary on my purchase. What is the level of cover for Winterbourne conveyancing?
The appropriate level of lack of building regulations indemnity insurance should be dictated by who who your lender is. It would differ for example between Lloyds TSB Bank and The Royal Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such insurances.
My partner and I have arranged the release of further monies on our home loan from Skipton as we want to carry out renovations to our property in Winterbourne. Are we obliged to choose a nearby Winterbourne solicitor on the Skipton conveyancing panel to handle the paperwork?
Skipton would not normally instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.
I am buying a property in Winterbourne. One unusual aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Nottingham your lawyer must follow the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook contains minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Nottingham where a lease does not comply with these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not limited to Winterbourne.
My relative recommended that where I am buying in Winterbourne I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Winterbourne conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Winterbourne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Winterbourne Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Winterbourne.
Can you offer any advice when it comes to appointing a Winterbourne conveyancing firm to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Winterbourne conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Winterbourne conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:
What volume of lease extensions have they conducted in Winterbourne in the last twenty four months? Can they put you in touch with clients in Winterbourne who can give a testimonial?
Winterbourne Leasehold Conveyancing - Examples of Queries before buying
Who is in charge of the building? What is the the remaining lease term? It is important to be aware whether changing the roof or some other significant cost is pending that will be shared by the leaseholders and could well dramatically increase the the service costs or require a specific invoice.
I pay a service charge for my flat in Winterbourne. Due to losing my job and other issues I fell into arrears with remittance. I negotiated a payment schedule but there is still around £1750 left in arrears.
I want to sell and I am worried this may hold me back if I have to discharge the arrears in advance. I'd like to sell up and subsequently repay the debt from the completion monies - is this possible?
Do speak with the property lawyer conducting your Winterbourne conveyancing but it may be possible to arrange for the outstanding amount to be passed to the purchasers. The final price due would be adjusted to reflect the amount of debt they take on. They would then deal with the outstanding monies once they are the owners.