We are a couple about to exchange contracts for a ground floor flat in Caversham Heights. We have hit a stumbling block. The loan offer with Chelsea Building Society expires on 8/1/2025 but the owners are suggesting a completion date of 10/1/2025. Is it possible to prolong the mortgage offer?

The best person to deal with your issue is your lawyer who is in a position to assess whether they should be discussing with the mortgage company, vendor’s lawyers, estate agents or conceivably all parties based on what has happend in your conveyancing as of today.

I require fast conveyancing in Caversham Heights as I have an ultimatum to exchange contracts in less than one month. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?

If.Given you are not obtaining a home loan you have the choice not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Caversham Heights the following are instances of what can show up and therefore impact market value: Enforcement Actions, Overdue Fees, Overdue Grants, Road Schemes,...

I am buying my first flat in Caversham Heights with a mortgage from Clydesdale. The sellers refused to reduce the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not disclose to my solicitor about the deal as it could put at risk my mortgage with Clydesdale. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Caversham Heights is where the house is located. Can you offer any opinion?

Flying freeholds in Caversham Heights are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Caversham Heights you must be sure that your lawyer goes 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 Caversham Heights 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.

Am I best advised to use a Caversham Heights conveyancing practitioner based in the location that I am buying? I have an old university friend who can conduct the conveyancing but his firm is located approximately 350kilometers drive away.

The primary upside of using a local Caversham Heights conveyancing practice is that you can visit the firm to sign documents, hand in your identification documents and apply pressure on them where appropriate. Having local Caversham Heights know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and on the whole were happy that must trump using an unknown Caversham Heights conveyancing solicitor solely due to them being round the corner.