We are about to exchange contracts for a freehold house in Histon. We have hit a problem. The loan offer with Bank of Ireland expires on 23/2/2026 but the vendors are insisting on a completion date of 25/2/2026. Is it possible to extend the loan expiry date?
The person best placed to deal with your question is your solicitors who will assess if he or she is should be discussing with the mortgage broker, owner’s solicitors, selling agents or conceivably all parties given the circumstances your house move to date.
Is there a reason why leasehold purchase conveyancing in Histon costs more?
Histon leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Are there restrictive covenants that are commonly picked up during conveyancing in Histon?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Histon. 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 am looking into buying my first house which is in Histon and I am already nervous. I couldn't find anything specific about Histon. Conveyancing will be needed in due course but do you know about the Histon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Histon. In the meantime here are some basic statistics that we found
Can you offer any advice when it comes to appointing a Histon conveyancing firm to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Histon conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Histon conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:
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What are the charges for lease extension work? What volume of lease extensions has the firm completed in Histon in the last 12 months?
Histon Leasehold Conveyancing - A selection of Queries Prior to buying
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The answer will be useful as a) areas can result in problems for the building as the communal areas may begin to deteriorate where repairs are not paid for b) if the tenants have a dispute with the managing agents you will wish to have all the details The best form of lease structure is where the freehold title is owned by the leaseholders. In this arrangement the lessees enjoy being in charge if their destiny and even though a managing agent is frequently retained where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. In the main the cost for major works tend not to be included within maintenance charges, albeit that some managing agents in Histon obliged tenants to pay into a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance.