We are a couple about to sign contracts for a semi detached house in Weybridge. We have hit a problem. The loan offer with Skipton Building Society runs out on 31/3/2025 but the owners are suggesting a completion date of 2/4/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this concern is your lawyer who should assess if he or she is better off negotiating with the lender, vendor’s solicitors, selling agents or indeed all parties given the history of your transaction to date.
What does my ID and proof of funds have anything to do with my conveyancing in Weybridge? Is this really necessary?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Weybridge. However these days you will not be able to complete any conveyancing transaction in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a bank statement. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper section and photo card part, one is not satisfactory in the absence of the other.
Evidence of the source of funds is necessary under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor must retain this information on record. Your Weybridge conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they will also ask additional questions concerning the source of monies.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Weybridge. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 29/1/2025, the requirements read as follows :
Taking into account that I will soon spend 450k on a property in Weybridge I would like to talk to a conveyancer about myhome move ahead of appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the conveyancer due to be carrying out your property ownership legalities in Weybridge.There is no ‘factory style conveyancing’ - every client is an important individual, not a file number. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Weybridge should be the amount on the final invoice that you are charged.
I am intending to rent out my leasehold flat in Weybridge. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
A small minority of properties in Weybridge do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I am the leaseholder of a second floor flat in Weybridge. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
Where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to arrive at the price payable.
An example of a Lease Extension case for a Weybridge flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case affected 1 flat. The number of years remaining on the existing lease(s) was 82.93 years.