We were just about to sign contracts for a leasehold flat in Brent Cross. We have hit a problem. The mortgage offer with Clydesdale expires on 28/11/2025 but the vendors are insisting on a completion date of 2/12/2025. Can one extend the loan expiry date?
The best person to address this question is your lawyer who will hopefully calculate if he or she is better off negotiating with the mortgage broker, vendor’s lawyers, selling agents or indeed all three based on what has happend in your transaction to date.
I am the sole recipient of my late mum's estate with all property in now in my sole name, including the my former home in Brent Cross. Conveyancing formalities meant that the Land Registry date was in August. I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship will be considered the same way as if I'd bought the house in August. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How practical a view banks take of it, depend on the lender as this requirement is principally there to capture the purchase and immediately sell or the flipping of property.
We had instructed conveyancing lawyers located in Brent Cross on the Kent Reliance solicitor panel. They have just billed me a separate charge for dealing with the Kent Reliance mortgage. Is this a supplemental conveyancing fee set by Kent Reliance?
Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your solicitor can charge a fee for this. This charge is not set by Kent Reliance but by your Brent Cross lawyer. Some firms on the Kent Reliance panel will quote ’dealing with mortgage’ fee and others do not.
My wife and I have organised a further advance on our home loan from Barclays as we want to conduct a loft conversion to our home in Brent Cross. Do we need to select a local Brent Cross solicitor on the Barclays conveyancing panel to deal with the paperwork?
Barclays do not ordinarily appoint a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays conveyancing panel.
I have been on the look out for a ground for flat up to £235,500 and found one close by in Brent Cross I like with amenity areas and railway links in the vicinity, the downside is that it's only got 49 years on the lease. There is not much else in Brent Cross suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
Taking into account that I will soon spend £400,000 on a property in Brent Cross I wish to have a conversation with the conveyancer about mytransaction before appointing the firm. Can this be arranged?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your property ownership legalities in Brent Cross.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Brent Cross should be the amount on the final invoice that you end up paying.
My uncle has recommend that I instruct his conveyancing solicitors in Brent Cross. Should I find my own conveyancer?
Much as we are happy to recommend a Brent Cross conveyancing lawyer the best way to choose a conveyancing lawyer is to have recommendations from friends or relatives who have experience in using the solicitor you're considering.