We are a couple about to sign contracts for a freehold house in Pentyrch. We encountered a snag. Our mortgage offer with Barclays runs out on 2/7/2021 but the owners are suggesting a completion date of 6/7/2021. Can one extend the mortgage expiry date?
The best person to deal with your issue is your lawyer who is in a position to determine if they should be discussing with the mortgage company, owner’s representatives, selling agents or conceivably all three based on the circumstances your house move to date.
We note that you have a search directory listing firms on the Leeds Building Society conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Pentyrch?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Pentyrch.
Me and my brother have a terraced Edwardian property in Pentyrch. Conveyancing solicitor acted for me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should assess 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 Pentyrch and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing solicitor who conducted the conveyancing.
Just had an offer accepted on a new build flat in Pentyrch. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Pentyrch
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are surveyor prepared.
We're novice buyers - had an offer accepted, but the selling agent told us that the vendor will only move forward if we appoint the agent's recommended lawyers as they want a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Pentyrch
We suspect that the owner is unaware of this requirement. If they want ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you intend to use your own,trusted Pentyrch conveyancing firm - rather thanthose that will earn their estate agent a commission or achieve conveyancing thresholds pre-set by corporate headquarters.