We are a couple about to sign contracts for a freehold house in Cinderford. We encountered a stumbling block. The loan offer with runs out on but the sellers are putting forward a completion date of . Can one extend the mortgage expiry date?

The best person to address this concern is your lawyer who will calculate if he or she is should be discussing with the mortgage company, vendor’s conveyancers, property agents or conceivably all parties taking into account the history of your transaction to date.

Should my solicitor be making enquiries regarding flooding as part of the conveyancing in Cinderford.

Flooding is a growing risk for solicitors carrying out conveyancing in Cinderford. There are those who purchase a property in Cinderford, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Lawyers are not best placed to offer advice on flood risk, however there are a number of checks that can be initiated by the buyer or on a buyer’s behalf which can give them a better understanding of the risks in Cinderford. The conventional set of completed inquiry forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the seller to find out whether the premises has ever been flooded. In the event that the property has been flooded in past which is not revealed by the owner, then a purchaser may commence a compensation claim as a result of such an misleading answer. The buyer’s lawyers may also conduct an environmental report. This will higlight if there is a recorded flood risk. If so, additional investigations should be initiated.

Just had an offer accepted on a new build flat in Cinderford. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Cinderford

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Cinderford I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Cinderford for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a mortgage the remaining unexpired lease term will be an issue. 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 premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.

My brother mentioned that before choosing a conveyancing firm they need approved by your lender. I am a FTB but I have an AIP with Virgin Money and I already have a family conveyancing solicitor in Cinderford at the ready. Can Nat West Bank insist on an approved solicitor to be used? If so, where can I find that list so I can appoint a conveyancing lawyer in Cinderford?

You need to instruct a solicitor that is on the Nat West Bank panel. Just ring your preferred Cinderford conveyancing lawyer to check if they are on the Nat West Bank panel. If they are not approved you have a number of alternatives open to you here:

• Proceed with your preferred Cinderford but Nat West Bank will undoubtedly appoint a on their conveyancing panel. The net impact is additional cost and probable delay.
• Appoint a fresh to act in the purchase, ensuring that they are on the Nat West Bank conveyancing panel.
• Convince your to do everything within their powers to get listed on the Nat West Bank conveyancing panel.