We are about to sign contracts for a ground floor flat in Meopham. We have hit a snag. The mortgage offer with Birmingham Midshires expires on 14/1/2025 but the sellers are suggesting a completion date of 16/1/2025. Can one prolong the loan expiry date?
The person best placed to address this question is your lawyer who will calculate if they corresponding with the mortgage broker, owner’s conveyancers, estate agents or conceivably all three taking into account the circumstances your house move to date.
My father pointed out to me me that in purchasing a property in Meopham there may be various restrictions affecting the ability to carry out external alterations to a property. Is this right?
There are a number of properties in Meopham which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Meopham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I purchasing a 3 bedroom semi in Meopham. Our aim is to carry out a loft conversion at the house.Will legal work on the property involve checks to ascertain if these works are prohibited?
Your solicitor should check the deeds as conveyancing in Meopham will occasionally identify restrictions in the title documents which restrict categories of works or necessitated the consent of a 3rd party. Some extensions require local authority planning permissions and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I am the single recipient of my late father’s will and I have everything in my name alone, including the my former home in Meopham. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I do know about the CML 6 month 'rule', meaning my property ownership could be treated the same way as though I had purchased the property in October. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. many banks would take a pragmatic view as this clause is primarily there to identify subsales or the quick reselling of property.
Various web forums that I have visited warn that are the number one reason for stalling in Meopham house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of slowing down conveyancing in Meopham.
I was recommended by numerous estate agents in Meopham to choose a property lawyer on your site. What’s the financial advantage for Estate Agents to market your lawyers ahead of another?
We don’t offer any commission for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Should I choose a Meopham conveyancing practitioner based in the vicinity that I am purchasing? An old friend can handle the legal formalities but they are based over three hundred miles drive away.
The primary upside of using a local Meopham conveyancing practice is that you can attend the office to sign paperwork, present your identification documents and apply pressure on them where appropriate. Having local Meopham know how is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and on the whole were content that must trump using an unfamiliar Meopham conveyancing lawyer just because they are local.