We are a couple about to exchange contracts for a property in Freezywater. We encountered a snag. The mortgage offer with The Royal Bank of Scotland expires on 15/1/2026 but the sellers are suggesting a completion date of 19/1/2026. Is it possible to prolong the loan offer?
The best person to address this question is your lawyer who should calculate whether they should be discussing with the bank, vendor’s representatives, selling agents or possibly all parties based on what has happend in your conveyancing as of today.
Will commercial conveyancing searches reveal impending roadworks that may impact a commercial premises in Freezywater?
Its becoming the norm that commercial conveyancing solicitors in Freezywater will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Freezywater. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Freezywater.
For every commercial conveyancing transaction in Freezywater it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Freezywater commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Freezywater.
Just had an offer accepted on a new build apartment in Freezywater. 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.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Freezywater
-
The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
Due to the advice of my in-laws I had a survey completed on a house in Freezywater ahead of instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders tend not give a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different instructions from Halifax. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Freezywater. Conveyancing may be slightly more expensive based on your lender's requirements.
My parents are encountering difficulties in finding their Freezywater property on the HMLR online search facility. They have a vague recollection 48 years ago when they bought the house there were complications concerning the address not being recognised in some systems.
Nearly all premises in Freezywater should be revealed. Have you tried a search to simply the postcode. Usually it will disclose all the premises within that postcode. Where recorded it will be there with a title number. Where they bought back in the 60’s it's conceivable it may be unrecorded. The address could still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which may be with your parent’s lender.