We are about to sign contracts for a leasehold flat in Osidge. We encountered a problem. Our mortgage offer with Barclays expires on 27/3/2025 but the vendors are suggesting a completion date of 31/3/2025. Is it possible to prolong the loan offer?
The person best placed to deal with your issue is your solicitors who is in a position to calculate if he or she is better off negotiating with the mortgage company, vendor’s lawyers, property agents or possibly all three taking into account the circumstances your house move to date.
I am helping my niece sell her property in Osidge. Will the solicitor order an energy performance certificate or do I organise this?
After the demise of Home Information Packs, energy assessments was retained a required element of moving house. An EPC must be to hand prior to the property being marketed. This is not as aspect of the sale process that solicitors ordinarily organise. If you are instructing a Osidge conveyancing lawyer they might be able to arrange energy assessments due to their contacts with reputable Osidge energy assessors
A relative pointed out to me me that in purchasing a property in Osidge there may be various restrictions prohibiting external alterations to the property. Is this right?
We are aware of anumerous of properties in Osidge which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Osidge should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have today made my last payment due on my mortgage with Clydesdale. I assume I don't need a Osidge solicitor on the Clydesdale panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
Should my lawyer be raising questions regarding flooding as part of the conveyancing in Osidge.
Flooding is a growing risk for conveyancers dealing with homes in Osidge. Plenty of people will purchase a house in Osidge, completely expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to offer advice on flood risk, but there are a number of searches that can be initiated by the purchaser or on a buyer’s behalf which will give them a better understanding of the risks in Osidge. The standard completed inquiry forms given to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a standard question of the vendor to discover whether the premises has ever been flooded. If flooding has previously occurred which is not disclosed by the owner, then a buyer may bring a claim for damages as a result of such an inaccurate answer. The buyer’s lawyers should also carry out an environmental search. This will higlight if there is a recorded flood risk. If so, additional inquiries will need to be conducted.
I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Osidge I like with a park and station in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Osidge suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the shortness of the lease will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
I am a sole trader intending to lease a unit on the high street. Can you recommend lawyers offering fixed charges for commercial conveyancing in Osidge for less than 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Osidge, including the disposal and purchase of businesses as well as simply premises. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. Regarding the charges these will vary based on the structure and nuances of the proposed transaction. Let us have your details or email so as to enable us to provide you with a detailed commercial conveyancing calculation.