We are a couple about to sign contracts for a freehold house in Avonmouth. We have hit a stumbling block. Our loan offer with The Royal Bank of Scotland expires on 26/1/2026 but the vendors are insisting on a completion date of 28/1/2026. Can one extend the mortgage offer?
The best person to address this concern is your conveyancer who is in a position to calculate whether they better off negotiating with the bank, owner’s solicitors, estate agents or possibly all three based on the circumstances your house move as of today.
I am refinancing my flat in Avonmouth, does my lawyer need to be on the Coventry BS Solicitor panel?
There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I need some expedited conveyancing in Avonmouth as I have a deadline to sign on the dotted line inside 3 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash buyer you are at free not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Avonmouth the following are instances of what can show up and adversely affect market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I am looking for a ground for flat up to £235,500 and identified one close by in Avonmouth I like with open areas and transport links in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Avonmouth for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years will be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
Do online conveyancing companies undertake everything a local Avonmouth solicitor does or must I employ a solicitor for the final stages for my conveyancing in Avonmouth?
Where you instruct an online conveyancer they will undertake all the tasks your Avonmouth solicitor would cover.