Having been recommended your site we were about to go ahead with a conveyancing solicitor in Penn and Ettingshall found by you but have come across some other quotes via the web seem less pricey – why is this?
There are numerous conveyancers marketing at first sight what seems to be cut price. We suggest that you think long and hard about how much you respect your own move to want to be penny wise pound foolish concerning the standard of the conveyancing. Some embed fees well inside the terms of business. The law firms that we list for conveyancing in Penn and Ettingshall will notbehave this way.
We were just about to sign contracts for a leasehold flat in Penn and Ettingshall. We encountered a problem. Our loan offer with Halifax expires on 14/1/2025 but the vendors are insisting on a completion date of 16/1/2025. Can one extend the loan expiry date?
The person best placed to address this question is your solicitors who will hopefully determine whether they should be discussing with the mortgage broker, owner’s lawyers, estate agents or conceivably all three given the history of your conveyancing to date.
My Solicitor in Penn and Ettingshall has never been on on the Leeds Building Society Solicitor Panel. Can I still continue with my prefered solicitor notwithstanding that they are not on the Leeds Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your existing Penn and Ettingshall solicitors but Leeds Building Society will need to use a lawyer on their panel. This will result in additional overall legal charges and cause frustration.
- Get a new practitioner to act in the purchase, obviously checking they are Leeds Building Society approved.
- Try to convince your Leeds Building Society based solicitor to seek to join the Leeds Building Society panel
Various web forums that I have frequented warn that are the number one cause of delay in Penn and Ettingshall conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Penn and Ettingshall.
I have been on the look out for a flat up to £305k and identified one round the corner in Penn and Ettingshall I like with amenity areas and transport links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Penn and Ettingshall suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.