We are about to exchange contracts for a semi detached house in Silsoe. We have hit a problem. Our loan offer with Norwich and Peterborough Building Society runs out on 15/4/2026 but the sellers are insisting on a completion date of 17/4/2026. Is it possible to prolong the mortgage expiry date?
The person best placed to address this issue is your conveyancer who should assess whether he or she is better off negotiating with the bank, vendor’s conveyancers, property agents or conceivably all parties taking into account the history of your conveyancing to date.
I have Fifty Six years unexpired on my lease and need a lease extension for my flat in Silsoe. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 15/2/2026 the requirements read as follows :
What can a local search reveal about the property my wife and I buying in Silsoe?
Silsoe conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations for example Xpress Legal The local search plays an important role in most Silsoe conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search should supply information 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 thirteen subject sections.
I have been on the look out for a flat up to £235,500 and identified one close by in Silsoe I like with amenity areas and railway links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Silsoe in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
If instructed can a conveyancer remove someone from the title of my property in Silsoe ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a conveyancer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner