We were just about to sign contracts for a freehold house in East Bergholt. We encountered a problem. Our mortgage offer with Norwich and Peterborough Building Society expires on 20/3/2025 but the vendors are suggesting a completion date of 24/3/2025. Is it possible to prolong the loan expiry date?

The best person to deal with your question is your solicitors who will hopefully calculate if he or she is better off negotiating with the mortgage broker, seller’s solicitors, selling agents or indeed all three based on what has happend in your transaction to date.

Our lender has recommended solicitors on their panel based in East Bergholt but I would rather choose a conveyancing lawyer in East Bergholt local to me. Can you assist?

Far from all East Bergholt conveyancing firms are on all lender’s conveyancing panel. Do make the most of the above find an approved solicitor tool to find a East Bergholt conveyancing conveyancer on the on the mortgage company panel.

I opted to have a survey completed on a property in East Bergholt ahead of instructing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some banks tend not grant a loan on a flying freehold house.

It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. If you contact us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Bergholt. Conveyancing may be slightly more expensive based on your lender's requirements.

We're FTB’s - agreed a price, but the property agent has warned us that the vendor will only proceed if we instruct the agent's chosen solicitors as they want an ‘expedited deal’. We would rather use a high street conveyancer used to conveyancing in East Bergholt

It is unlikely the owners are driving this. Should the owner require ‘a quick sale', taking such a hostile approach to a serious purchaser is going to damage their objectives. Try to communicate with the owners directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you wish to move quickly (e)however you will continue to instruct your preferred East Bergholt conveyancing solicitors - not the ones that will earn their negotiator at the agency a referral fee or achieve conveyancing thresholds set by senior management.

Expecting to exchange soon on a garden flat in East Bergholt. Conveyancing lawyers assured me that they report fully tomorrow. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in East Bergholt should include some of the following:

Will you be prohibited or prevented from having pets in the property? Does the lease prevent you from letting out the flat, or working from home Responsibility to repair and maintain the building. It is essential that you know who is liable for the repair and maintenance of every part of the building The unexpired lease term. You should be advised as what happens when the lease expires, and aware of the importance of the 80 year mark

I bought a 1 bedroom flat in East Bergholt, conveyancing having been completed in 2007. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in East Bergholt with a long lease are worth £227,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2097

With just 72 years remaining on your lease the likely cost is going to range between £9,500 and £11,000 as well as legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.