We are a couple about to exchange contracts for a freehold house in Aston on Trent. We encountered a stumbling block. The mortgage offer with National Westminster Bank runs out on 30/9/2021 but the vendors are insisting on a completion date of 4/10/2021. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your lawyer who is in a position to assess whether he or she is better off negotiating with the mortgage company, vendor’s solicitors, selling agents or possibly all parties taking into account the circumstances your transaction as of today.
We are planning to acquire a house and require a conveyancing solicitor in Aston on Trent who is on the Principality conveyancing panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Aston on Trent.
Are there restrictive covenants that are commonly picked up during conveyancing in Aston on Trent?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Aston on Trent. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a ground for flat up to £305k and identified one round the corner in Aston on Trent I like with open areas and station in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Aston on Trent suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a mortgage that many years may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
My business partner and I are planning to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Aston on Trent for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Aston on Trent, including the sale and acquisition of businesses as well as simply property. Whether you are looking to purchase or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. As for the fees these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your details or call us so that we can furnish you with a detailed commercial conveyancing calculation.