We were just about to sign contracts for a garden flat in Brecon Beacons. We have hit a stumbling block. Our mortgage offer with Aldermore runs out on 6/1/2025 but the owners are suggesting a completion date of 8/1/2025. Can one prolong the loan expiry date?

The person best placed to address this concern is your conveyancer who will hopefully calculate if they better off negotiating with the bank, owner’s lawyers, selling agents or indeed all parties based on the history of your conveyancing as of today.

How does conveyancing in Brecon Beacons differ for newly converted properties?

Most buyers of new build premises in Brecon Beacons approach us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Brecon Beacons typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Brecon Beacons or who has acted in the same development.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Brecon Beacons is the location of the property. Can you offer any guidance?

Flying freeholds in Brecon Beacons are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Brecon Beacons you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brecon Beacons may decide 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.

What is different about your site and other online quote calculators when it comes to conveyancing in Brecon Beacons?

At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Brecon Beacons. As opposed to estate agents and many comparison sites we do not have commission deals with solicitors. Some agents and online brokers 'recommend' the firm paying the most commission, as opposed to the best value conveyancing in Brecon Beacons

I am short of a 10% deposit on my apartment purchase in Brecon Beacons , but I am anxious proceed. What can I do?

One option is to try and accept a lesser deposit. Most property owners will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment