We were just about to exchange contracts for a semi detached house in Sawston. We encountered a problem. Our loan offer with TSB expires on 20/1/2025 but the owners are suggesting a completion date of 22/1/2025. Can one prolong the loan expiry date?
The best person to deal with your issue is your solicitors who will hopefully calculate if he or she is corresponding with the mortgage broker, owner’s representatives, property agents or possibly all three taking into account the history of your conveyancing as of today.
My relative suggested that if I am purchasing in Sawston I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Sawston conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Sawston around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Sawston Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Sawston Education with plans and statistics, Local Amenities and other useful information about Sawston.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Sawston is the location of the property. What do you suggest?
Flying freeholds in Sawston are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sawston you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sawston may ascertain 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 residence.
In my capacity as executor for the estate of my aunt I am selling a residence in Cardiff but reside in Sawston. My conveyancer (who is 260 miles awayneeds me to sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Sawston to witness this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Sawston based
I need to assess costs for conveyancing in Sawston from various conveyancer and appoint one. Am I right to ask them to hold tight until I a suitable apartment to buy.
We suggest that you only ask your property lawyer to start work and submit searches after the sales confirmation has been sent by the estate agent especially as Sawston conveyancing searches are costly.