We were just about to sign contracts for a ground floor flat in Cheadle Hulme. We have hit a problem. Our mortgage offer with Virgin Money expires on 25/11/2022 but the owners are insisting on a completion date of 29/11/2022. Is it possible to prolong the loan offer?
The best person to deal with your question is your lawyer who is in a position to assess whether he or she is better off negotiating with the mortgage broker, seller’s solicitors, property agents or indeed all parties based on the history of your house move to date.
What will a local search reveal about the property I am buying in Cheadle Hulme?
Cheadle Hulme conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for instance Xpress Legal The local search is essential in every Cheadle Hulme conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search will supply data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
It has been five months since my purchase conveyancing in Cheadle Hulme concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a property in Cheadle Hulme before instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some banks tend not grant a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cheadle Hulme. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cheadle Hulme to see if the conveyancing will be more expensive.
What can I do where I am not happy with the solicitor who undertook our conveyancing in Cheadle Hulme?
We live in an imperfect world, and is is a fact of life that every so often things do go wrong. Nevertheless there is recourse if you were unhappy with your conveyancing in Cheadle Hulme. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their governing body. If you remain unhappy you may consider enlisting the help of the Legal Ombudsman.