We are a couple about to sign contracts for a freehold house in Mansfield. We encountered a stumbling block. The mortgage offer with Barclays Direct runs out on 25/9/2025 but the owners are insisting on a completion date of 29/9/2025. Is it possible to extend the loan expiry date?

The best person to deal with your issue is your solicitors who should assess if they corresponding with the lender, vendor’s representatives, estate agents or possibly all parties based on the history of your conveyancing as of today.

I require expedited conveyancing in Mansfield as I have a deadline to exchange contracts inside one month. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save money and time?

As you are are a mortgage free buyer you have the choice not to have searches carried out although no lawyer would recommend that you don't. With lots of history conveyancing in Mansfield the following are examples of what can show up and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...

Due to the guidance of my in-laws I had a survey completed on a house in Mansfield in advance of retaining solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some lenders tend refuse to grant a loan on a flying freehold house.

It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you contact us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Mansfield. Conveyancing will be smoother if you use a solicitor in Mansfield especially if they are accustomed to such properties in Mansfield.

My business partner and I are wishing to take over a lease of a shop on the high street. Can you recommend solicitors offering fixed fees for non-domestic conveyancing in Mansfield for below 1500k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Mansfield, including the disposal and acquisition of businesses as well as simply property. If you are looking to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and nuances of the deal. Please provide us with your contact information or email us so that we may provide you with a detailed commercial conveyancing calculation.

Looking forward to complete next month on a leasehold property in Mansfield. Conveyancing lawyers inform me that they report fully tomorrow. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Mansfield should include some of the following:

Repair and maintenance of the flat Specifying your legal entitlements in relation to common areas in the block.By way of example, does the lease contain a right of way over an accessway or staircase? Are pets allowed in the flat? Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Who has the liability to repair and maintain the block. It is important that you know which party is responsible the repair and maintenance of all parts of the block and communal areas

Mansfield Leasehold Conveyancing - A selection of Queries before Purchasing

If a Mansfield lease has no more than eighty years it will have adverse implications on the value of the apartment. It is worth checking with your lender that they are willing to lend given the lease term. A short lease means that you will most likely have to extend the lease at some point and you need to have some idea of what this will be. For most Mansfieldlease extensions you will be be obliged to have been the owner of the property for 24 months in order to be entitled to carry out a lease extension. Plenty Mansfield leasehold flats will incur a service charge for the upkeep of the building levied on behalf of the landlord. If you acquire the flat you will have to pay this liability, usually periodically during the year. This can be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all likelihood there will be a rentcharge to be met yearly, this is usually not a large sum, say about £50-£100 but you should to check as on occasion it can be many hundreds of pounds. The answer will be useful as a) areas can result in problems for the block as the communal areas may begin to deteriorate if maintenance remain unpaid b) if the tenants have a dispute with the running of the building you will need to have complete disclosure