We are a couple about to exchange contracts for a semi detached house in Yarmouth. We encountered a stumbling block. The mortgage offer with Bank of Scotland expires on 13/4/2026 but the owners are putting forward a completion date of 15/4/2026. Can one extend the loan offer?
The person best placed to deal with your issue is your solicitors who will hopefully determine whether they corresponding with the mortgage broker, owner’s conveyancers, selling agents or indeed all three based on what has happend in your house move as of today.
Can your site be used to locate a Conveyancing solicitor in Yarmouth even if I’m not buying or disposing of a house, for example if I want to acquire an office in Yarmouth with a loan from HSBC Bank?
Our comparison service is predominantly utilised to help choose domestic conveyancing solicitors in Yarmouth but we have recorded towards the bottom of this page a few Yarmouth commercial conveyancing firms. You should make contact with the firm directly to establish if they can also act for HSBC Bank
I am due to move home in March. Should my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you suggest a removal company in Yarmouth. Conveyancing firm was chosen before I stumbled across your website.
On the afternoon of completion you will need to collect the house keys from your estate agent but this should only occur once the vendors solicitors inform the agent that they have the completion monies and the keys can be handed over. Subsequently you will need to tell the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can help you choose a residential property solicitor in Yarmouth or a solicitor with expertise in conveyancing in Yarmouth.
My wife and I are in the throws of viewing houses in Yarmouth and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with Kent Reliance.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are seeking a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.
I have a mortgage with Virgin Money for my property in Yarmouth. Conveyancing was finalised 12 months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Virgin Money?
You must advise Virgin Money before renting your property as this is likely to be a breach of Virgin Money’s mortgage conditions. It may be that Virgin Money will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Virgin Money directly. You need not do this via a Virgin Money conveyancing panel solicitor.
About to purchase a new build apartment in Yarmouth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Yarmouth
-
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. 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. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared.
I need to retain a conveyancing solicitor for residential conveyancing in Yarmouth. I have stumble upon a web site which looks to be the perfect answer If it is possible to get all the legals done via email that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Are there frequently found deficiencies that you witness in leases for Yarmouth properties?
Leasehold conveyancing in Yarmouth is not unique. Most leases are individual and drafting errors can sometimes mean that certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:
-
A provision to repair to or maintain parts of the property
You could have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Virgin Money, and Clydesdale all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the purchaser to pull out.
Yarmouth Leasehold Conveyancing - Sample of Questions you should ask before buying
-
What is the yearly service fee and ground rent? This information is useful as a) areas can cause problems in the building as the communal areas may start to deteriorate if services remain unpaid b) if the leaseholders have a dispute with the running of the building you will wish to have full disclosure