We are about to exchange contracts for a leasehold flat in Grange Over Sands. We have hit a problem. Our mortgage offer with expires on but the sellers are putting forward a completion date of . Can one prolong the mortgage expiry date?

The best person to deal with your question is your conveyancer who should assess whether they should be discussing with the mortgage broker, vendor’s lawyers, property agents or conceivably all parties based on the history of your conveyancing as of today.

What will a local search reveal regarding the property my wife and I purchasing in Grange Over Sands?

Grange Over Sands conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Searches UK The local search plays a central role in many a Grange Over Sands conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search will reveal data on, amongst other things, details on planning applications applicable 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 topic areas.

Me and my brother own a renovated Georgian house in Grange Over Sands. Conveyancing solicitor represented me and . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??

You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Grange Over Sands and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing solicitor who conducted the conveyancing.

Due to the advice of my in-laws I had a survey completed on a property in Grange Over Sands in advance of appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some lenders may refuse to grant a loan on a flying freehold home.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via 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 Grange Over Sands. Conveyancing will be smoother if you use a solicitor in Grange Over Sands especially if they are familiar with such properties in Grange Over Sands.

Leasehold Conveyancing in Grange Over Sands - Sample of Questions you should consider Prior to buying

If a Grange Over Sands lease has no more than eighty years it will have adverse implications on the value of the property. Check with your lender that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease at some point and it is worth discovering what this would cost. Remember, in most cases you will be required to have been the owner of the property for 24 months in order to be legally able to extend the lease. How long is the Lease? On the whole the outlay for major works tend not to be included within maintenance charges, albeit that a few managing agents in Grange Over Sands obliged leasehold owners to pay into a sinking fund and this is used to offset against major works.