We are a couple about to exchange contracts for a freehold house in Groby and Ratby. We have hit a problem. Our loan offer with Accord Mortgages Ltd expires on 21/4/2026 but the vendors are putting forward a completion date of 23/4/2026. Is it possible to extend the loan expiry date?
The best person to address this issue is your conveyancer who is in a position to determine whether he or she is better off negotiating with the mortgage company, vendor’s conveyancers, property agents or possibly all parties based on the circumstances your house move as of today.
Can I use your services to recommend a Conveyancing solicitor in Groby and Ratby even if I’m not buying or selling a house, for instance where I intend to buy an office in Groby and Ratby with a mortgage from Birmingham Midshires?
Our search tool is mainly there to find residential conveyancing solicitors in Groby and Ratby but we have listed at the end of this page a selection of Groby and Ratby commercial conveyancing firms. You should enquire with the company directly to establish if they can also act for Birmingham Midshires
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Groby and Ratby?
Do check but the the probability is that appoint one of their panel lawyers should you take up the "fee-free" offer. Call the mortgage company to explore if they make available a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Groby and Ratby.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Groby and Ratby?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Groby and Ratby. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Groby and Ratby is the location of the property. Can you offer any assistance?
Flying freeholds in Groby and Ratby are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Groby and Ratby you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Groby and Ratby may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.