We are a couple about to exchange contracts for a leasehold flat in Ely. We have hit a stumbling block. The loan offer with Skipton Building Society runs out on 28/6/2024 but the sellers are putting forward a completion date of 2/7/2024. Can one extend the loan expiry date?
The best person to deal with your concern is your lawyer who will hopefully assess if he or she is corresponding with the mortgage broker, vendor’s lawyers, estate agents or indeed all three taking into account the circumstances your conveyancing to date.
We note that you have a search directory identifying solicitors on the Kent Reliance conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Ely?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ely.
My wife and I purchasing a 3 bedroom semi in Ely. The intention is to carry out an extension to the side at the house.Will legal work on the property involve checks to see if these works are prohibited?
Your solicitor should check the registered title as conveyancing in Ely can occasionally reveal restrictions in the title documents which prevent certain works or require the permission of a 3rd party. Many works need local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
I have paid off my mortgage with TSB. I assume I don't need a Ely lawyer on the TSB panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I have a mortgage with RBS for my property in Ely. Conveyancing was finalised months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform RBS?
You must advise RBS before letting out your property as this is likely to be a breach of RBS’s mortgage conditions. It may be that RBS will allow you to rent 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 RBS directly. You need not do this via a RBS conveyancing panel lawyer.
Due to the input of my in-laws I had a survey completed on a property in Ely prior to instructing conveyancers. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ely. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ely to see if the conveyancing costs will increase in light of this.
I am thinking of appointing a conveyancing lawyer in Ely for my house move. Can I review a firm’s complaints history with the legal regulator?
One can search for published Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training reasons.