We were just about to exchange contracts for a ground floor flat in Greenford. We have hit a problem. Our mortgage offer with Virgin Money runs out on 6/11/2025 but the vendors are putting forward a completion date of 10/11/2025. 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 whether they corresponding with the bank, owner’s solicitors, property agents or possibly all three taking into account what has happend in your transaction to date.
Our mortgage company has suggested a law firm on their panel based in Greenford but I would rather choose a conveyancing lawyer in Greenford local to me. Are you able to help?
Far from all Greenford conveyancing firms are approved and listed on all lender’s conveyancing panel. Please make the most of the above search tool to identify a Greenford conveyancing conveyancer on the on the mortgage company panel.
I have been told that property searches are the primary cause of stalling in Greenford conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Greenford.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one near me in Greenford I like with open areas and transport links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Greenford suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan that many years will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
What advice do you have for searching for value for money conveyancing in Greenford?
Option 1 is to ask your friends and family who they would recommend. Option 2 is to use a search tool on the web for conveyancing in Greenford. Phone two or three from the list and ask them to email you their conveyancing charges and speak to the lawyer who will conduct your conveyancing before you commit. Third is to make use of this site to help you find the right lawyers taking into account your unique requirements including location,speed, complexity and who your intended lender is.Do not be fooled by £99 conveyancing solicitors in Greenford