We were just about to exchange contracts for a semi detached house in Forest of Dean. We have hit a problem. The mortgage offer with Virgin Money expires on 27/9/2021 but the owners are putting forward a completion date of 29/9/2021. Can one extend the loan expiry date?
The person best placed to deal with your concern is your lawyer who will hopefully determine if he or she is better off negotiating with the mortgage broker, owner’s solicitors, selling agents or indeed all three based on the history of your conveyancing to date.
I am assisting my step-mother sell her house in Forest of Dean. Does the solicitor order an energy performance certificate or it is for me to coordinate?
Following the abolition of Home Information Packs, energy performance certificates was maintained a compulsory element of moving property. An energy performance certificate needs to be commissioned prior to the property being advertised. It is not as aspect of the sale process that solicitors ordinarily arrange. If you are instructing a Forest of Dean conveyancing solicitor they may be able to arrange energy assessments due to their relationships with long established Forest of Dean providers
My fiancee and I are at the point of looking at apartments in Forest of Dean and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with TSB.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are seeking a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
After much negotiation I have agreed a price on an apartment in Forest of Dean. My mortgage broker suggested a conveyancer. I paid an on account payment of £200. A few days later, the conveyancer called me to say that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Just had an offer accepted on a new build apartment in Forest of Dean. 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 conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Forest of Dean
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the advice of my in-laws I had a survey completed on a house in Forest of Dean ahead of retaining lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some lenders may refuse to issue a loan on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Forest of Dean. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Forest of Dean to see if the conveyancing will be more expensive.
My father-in-law has recommend that I instruct his conveyancers in Forest of Dean. Should I use them?
There are no two ways about it it’s preferable to find a conveyancing practitioner is to get referrals from friends or family who have actually used the conveyancer you're are thinking of instructing.