We were just about to exchange contracts for a property in Beddgelert. We encountered a stumbling block. The mortgage offer with Santander runs out on 10/1/2025 but the owners are suggesting a completion date of 14/1/2025. Can one prolong the loan offer?

The person best placed to deal with your issue is your solicitors who will hopefully determine if he or she is corresponding with the mortgage broker, seller’s conveyancers, property agents or conceivably all three based on the circumstances your house move to date.

A colleague advised me that if I am purchasing in Beddgelert I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually included in the estimate for your Beddgelert conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Beddgelert around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Beddgelert.

I have todaybeen informed that Action Conveyancing have closed. They carried out my conveyancing in Beddgelert for a purchase of a leasehold flat 18 months ago. How can I establish that the property is in my name in the name of the former proprietor?

The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Beddgelert conveyancing specialists.

I am using a search engine for the term cheap conveyancing in Beddgelert it shows results of numerous conveyancersin the vicinity. How do I determine which is the suitable conveyancing solicitor for my move?

The preferential method of seeking a suitable conveyancer is via personal recommendation, so enquire of colleagues and those you trust who have bought a property in Beddgelert or a reputable estate agent or mortgage broker. Charges for conveyancing in Beddgelert vary, so it's advisable to obtain a minimum of four quotes from different property lawyers. Be sure to seek confirmation that the costs are assured not to increase.

What makes a Beddgelert lease unmortgageable?

Leasehold conveyancing in Beddgelert is not unique. Most leases are drafted differently and drafting errors can result in certain clauses are not included. The following missing provisions could result in a defective lease:

Clauses dealing with recovering service charges for expenditure on the building or common parts. A duty to insure the building

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, The Mortgage Works, and Barclays Direct all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, forcing the buyer to pull out.

I bought a leasehold flat in Beddgelert, conveyancing was carried out February 2008. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Beddgelert with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease comes to an end on 21st October 2090

You have 66 years remaining on your lease we estimate the premium for your lease extension to span between £11,400 and £13,200 as well as legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.