We were just about to sign contracts for a garden flat in Somerton. We have hit a problem. Our mortgage offer with Leeds Building Society expires on 14/6/2019 but the sellers are putting forward a completion date of 18/6/2019. Is it possible to extend the loan expiry date?
The person best placed to address this concern is your lawyer who will hopefully calculate whether they corresponding with the mortgage broker, owner’s lawyers, estate agents or conceivably all parties taking into account what has gone on in your house move to date.
Will commercial conveyancing searches disclose planned roadworks that could affect a commercial site in Somerton?
Its becoming the norm that commercial conveyancing solicitors in Somerton will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Somerton. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Somerton.
For each commercial conveyancing transaction in Somerton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Somerton commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Somerton.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, no chain conveyancing. Somerton is the location of the property. Can you offer any advice?
Flying freeholds in Somerton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Somerton you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Somerton 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.
Given that I am about to spend hundreds of thousands of pounds on a garden flat in Somerton I would like to talk to a conveyancer about myhouse move prior to appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be doing your conveyancing in Somerton.There is no ‘factory style conveyancing’ - each client is unique individual, not a file reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Somerton should be the amount on the final invoice that you end up paying.
Do I cancel my mortgage payments with TSB once a completion date for my home sale in Somerton has been agreed?
You would be well advised to keep meeting any mortgage payments to TSB until the mortgage is discharged on completion as part of your Somerton conveyancing.