We were just about to sign contracts for a ground floor flat in Shirebrook. We have hit a stumbling block. Our mortgage offer with Britannia runs out on 25/2/2025 but the owners are suggesting a completion date of 27/2/2025. Can one prolong the loan offer?

The best person to deal with your concern is your lawyer who should calculate if they should be discussing with the mortgage broker, seller’s conveyancers, selling agents or conceivably all parties taking into account the circumstances your conveyancing to date.

We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to use a specialised conveyancing solicitor in Shirebrook?

You should check but the the likelihood is that appoint one of their panel solicitors where you want the "fee-free" incentive. Contact the lender to explore if they make available a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Shirebrook.

I need some fast conveyancing in Shirebrook as I have an ultimatum to sign on the dotted line inside 2 weeks. Fortunately I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?

If.Given you are are a cash buyer you have the choice not to have searches conducted although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Shirebrook the following are examples of what can crop up and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...

I am looking to sell my house. My previous conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Shirebrook if that makes a difference.

Do use our search tool to help you find a solicitor for your conveyancing in Shirebrook. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

When it comes to leasehold conveyancing in Shirebrook what are the most common lease defects?

Leasehold conveyancing in Shirebrook is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:

Maintenance charge proportions which don’t add up to the correct percentage

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Chelsea Building Society, and Barclays Direct all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, obliging the purchaser to withdraw.

I acquired a 1st floor flat in Shirebrook, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Shirebrook with an extended lease are worth £201,000. The ground rent is £45 per annum. The lease terminates on 21st October 2089

With just 65 years left to run we estimate the price of your lease extension to span between £13,300 and £15,400 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.