Is the fact that my solicitor in Burnham On Crouch is not on my mortgage company's conveyancing panel that there is a problem with the quality of her work?

That would most likely be a wrong assumption to make. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Burnham On Crouch conveyancing practice and ask them why they are no longer on the approved list for your lender.

We were just about to exchange contracts for a property in Burnham On Crouch. We encountered a stumbling block. The mortgage offer with Platform Home Loans Ltd expires on 10/4/2026 but the sellers are putting forward a completion date of 14/4/2026. Can one prolong the mortgage offer?

The person best placed to address this question is your solicitors who should calculate whether he or she is should be discussing with the bank, owner’s conveyancers, property agents or possibly all three taking into account what has gone on in your house move to date.

How does conveyancing in Burnham On Crouch differ for newly converted properties?

Most buyers of new build property in Burnham On Crouch come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Burnham On Crouch typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Burnham On Crouch or who has acted in the same development.

I opted to have a survey done on a house in Burnham On Crouch in advance of retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks tend refuse to grant a mortgage on such a house.

It varies from the lender to lender. Lloyds has different instructions from Halifax. If you e-mail us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Burnham On Crouch. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Burnham On Crouch to see if the conveyancing will be more expensive.

Can you offer any advice when it comes to finding a Burnham On Crouch conveyancing practice to carry out our lease extension conveyancing?

When appointing a property lawyer for your lease extension (regardless if they are a Burnham On Crouch conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non Burnham On Crouch conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:

What are the costs for lease extension conveyancing?

Burnham On Crouch Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

Please note that where the lease has no more than eighty years it will affect the marketability of the property. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. A short lease means that you will probably have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. Remember, in most cases you would be be obliged to have been the owner of the premises for two years before you are legally able to extend the lease. Are there any major works in the planning that will increase the service fees? Are any of leasehold owners in dispute over their service charge liability?