We are about to exchange contracts for a semi detached house in Raynes Park. We have hit a problem. Our loan offer with Santander runs out on 2/2/2026 but the owners are insisting on a completion date of 4/2/2026. Is it possible to extend the loan offer?
The best person to address this question is your solicitors who will assess whether they should be discussing with the bank, vendor’s solicitors, estate agents or indeed all three taking into account the circumstances your transaction as of today.
Due to the input of my in-laws I had a survey completed on a house in Raynes Park before retaining lawyers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not issue a mortgage on such a property.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Raynes Park. Conveyancing will be smoother if you use a solicitor in Raynes Park especially if they are acquainted with such properties in Raynes Park.
I am using a search engine for the phrase cheap conveyancing in Raynes Park it shows results of numerous conveyancersin the vicinity. With so much choice what is the best way to find the right property lawyer for the sale of my house?
The best method of finding the right conveyancer is via trusted recommendation, so enquire of friends and family who have bought a property in Raynes Park or a respected estate agent or financial adviser. Costs for conveyancing in Raynes Park differ, so it's advisable to secure a minimum of three fee calculations from varying types of property lawyers. Be sure to secure confirmation that the fees are fixed.
What advice can you give us when it comes to choosing a Raynes Park conveyancing practice to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Raynes Park conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Raynes Park conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
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What are the legal fees for lease extension work?
We have reached the end of our tether in negotiating a lease extension in Raynes Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We are happy to put you in touch with a Raynes Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Raynes Park flat is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case affected 1 flat. The unexpired lease term was 60.43 years.
Are you able to confirm the aspects of conveyancing done by Raynes Park conveyancing practices?
By and large Raynes Park conveyancing organisations will supply a number of assistance to home and land owners, sellers, purchasers, landlords and leaseholders which may include:
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Property sale conveyancing in Raynes Park and wider afield
Domestic purchase conveyancing in Raynes Park and beyond
Option Agreements and conditional Contracts Equity Release conveyancing Transfer of property following relationship breakdown Disposal and purchase of shared ownership properties throughout England and Wales rather than isolated to Raynes Park