We were just about to sign contracts for a property in Duxford. We have hit a stumbling block. Our loan offer with Bank of Scotland expires on 28/4/2025 but the vendors are putting forward a completion date of 30/4/2025. Can one prolong the loan expiry date?

The best person to address this question is your lawyer who will hopefully assess if they corresponding with the bank, vendor’s solicitors, property agents or possibly all three given the circumstances your conveyancing to date.

We're in Duxford, First timers purchasing with a mortgage (lender is Lloyds , and our solicitor is on the Lloyds conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Do commercial conveyancing searches disclose planned roadworks that may impact a commercial estate in Duxford?

Many commercial conveyancing solicitors in Duxford will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Duxford. 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 Duxford.

For every commercial conveyancing transaction in Duxford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Duxford commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Duxford.

What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Duxford?

At this site receive a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Duxford. As opposed to estate agents and many comparison sites we do not have referral deals with solicitors. Many agents and online brokers 'recommend' solicitors that pays the most per referral, not the best value conveyancing in Duxford

In relation to leasehold conveyancing in Duxford what are the most frequent lease problems?

There is nothing unique about leasehold conveyancing in Duxford. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

Clauses dealing with recovering service charges for expenditure on the building or common parts.

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Santander, Chelsea Building Society, and Alliance & Leicester all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, forcing the purchaser to pull out.

Duxford Leasehold Conveyancing - A selection of Queries before Purchasing

Be sure to investigate if the the lease includes any onerous restrictions in the lease. By way of example plenty of leases prohibit pets being permitted in in a block in Duxford. If you like the flatin Duxford however your dog is not allowed to live with you then you will be presented with a difficult choice. What is the the remaining lease term? How many of the leaseholders are in arrears for their maintenance charge payments?