We are about to sign contracts for a leasehold flat in Heaton. We encountered a problem. The loan offer with Britannia runs out on 17/1/2025 but the owners are suggesting a completion date of 21/1/2025. Can one extend the loan expiry date?
The best person to address this question is your conveyancer who will hopefully calculate whether he or she is corresponding with the bank, owner’s solicitors, selling agents or possibly all three taking into account the history of your house move to date.
We see that you have a search directory listing solicitors on the Kent Reliance conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Heaton?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Heaton.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Heaton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Heaton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Heaton 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 Heaton 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.
Should I be suspicious that estate agents that I am dealing with are recommending a national conveyancing firm rather than a local Heaton conveyancing practice?
As is the case with lots of professional services, often input from connections can be extremely useful or valuable. Yet there are numerous players in a conveyancing matter; estate agents, financial adviser and mortgage companies might all suggest lawyers to select. On occasion the lawyers might be known to one of the organisations as being good in their field, but occasionally there might be a financial incentive behind the endorsement. You are at liberty to choose your preferred lawyer. Don't forget that many banks specify a panel list of lawyers you are obliged to use for the mortgage related work in your conveyancing.
My father has suggested that I instruct his lawyers for conveyancing in Heaton. Should I find my own property lawyer?
No doubt the ideal way to choose a conveyancing practitioner is to seek guidance from friends or relatives who have used the firm you're are thinking of instructing.