We are about to sign contracts for a garden flat in Broadstone. We have hit a problem. The loan offer with Lloyds TSB Bank expires on 11/11/2021 but the owners are suggesting a completion date of 15/11/2021. Can one extend the mortgage offer?
The best person to address this question is your lawyer who will assess whether he or she is better off negotiating with the lender, seller’s lawyers, selling agents or possibly all parties based on what has gone on in your transaction to date.
The deeds to my property are lost. The conveyancers who dealt with the conveyancing in Broadstone 5 years ago are no longer around. What do I do?
Nowadays there are copies made of almost everything, and your conveyancer will be aware precisely where to locate all the appropriate documentation so you can purchase or sell your house without any difficulty. Where duplicates are not available, your solicitor may be able to put in place insurance or indemnities against future claims on the property.
I am looking into buying my first house which is in Broadstone and I am already nervous. I couldn't find anything specific about Broadstone. Conveyancing will be needed in due course but do you know about the Broadstone area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Broadstone. In the meantime here are some basic statistics that we found
My husband and I are new on the property ladder - agreed a price, yet the agent advised that the owners will only go ahead if we appoint their preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in Broadstone
It is improbable the owners are behind this. Should the owner desire ‘a quick sale', taking such a hostile approach to a motivated buyer is going to damage their objectives. Speak to the owners direct and make sure they comprehend that (a)you are serious buyers (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you are going to instruct your preferred Broadstone conveyancing solicitors - rather thanthe ones that will give their negotiator at the agency a introducer fee or hit his conveyancing figures demanded by HQ.
Planning to sign contracts shortly on a leasehold property in Broadstone. Conveyancing solicitors assured me that they are sending me a report next week. What should I be looking out for?
The report on title for your leasehold conveyancing in Broadstone should include some of the following:
The physical extent of the premises. This will be the property itself but could also incorporate a roof area or cellar if relevant. You would want to receive a copy of the lease Whether your lease provides for a reserve fund? You must be told what counts as a Nuisance in the lease Rent payments - how much and when you need to pay, and be on notice if this is subject to change
I own a 2 bed flat in Broadstone, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Broadstone with a long lease are worth £180,000. The ground rent is £65 invoiced every year. The lease ends on 21st October 2080
With only 59 years remaining on your lease the likely cost is going to range between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.