We were just about to exchange contracts for a semi detached house in Park Langley. We encountered a stumbling block. The loan offer with Coventry Building Society expires on 9/1/2026 but the vendors are suggesting a completion date of 13/1/2026. Is it possible to extend the loan offer?

The best person to address this question is your conveyancer who will assess if he or she is should be discussing with the lender, owner’s conveyancers, estate agents or indeed all three given what has gone on in your transaction as of today.

I have been on the look out for a ground for flat up to £195,000 and identified one close by in Park Langley I like with amenity areas and transport links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Park Langley for this price, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a mortgage that many years will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.

How do I use the search tool to find a conveyancing lawyer in Park Langley on the panel for my mortgage?

First choose a lender such as Nationwide Building Society, Skipton Building Society or Platform Home Loans Ltd then specify your location for example Park Langley. Conveyancing firms in Park Langley and nationally will then be shown.

I am a couple of weeks into a residential purchase having been referred to a firm by the selling agent to perform conveyancing in Park Langley. I am am extremely dissatisfied with the level of service. Could you you assist me in finding new lawyers?

A conveyancer would need to be very bad to suggest diss instructing them. Has your mortgage been sent? If so you need to advise them of the replacement conveyancer and ensure the loan are re-issued. Your conveyancer should be on the mortgage company approved list to avoid added costs and delays. So that should be your starting point. Our find a solicitor tool will assist you in finding a lender approved conveyancer for your conveyancing in Park Langley

I want to rent out my leasehold flat in Park Langley. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?

A small minority of properties in Park Langley do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

I inherited a basement flat in Park Langley, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Park Langley with over 90 years remaining are worth £176,000. The ground rent is £50 per annum. The lease runs out on 21st October 2105

With only 80 years left to run we estimate the price of your lease extension to be between £8,600 and £9,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.