We were just about to sign contracts for a leasehold flat in Henbury. We have hit a problem. Our loan offer with Bank of Scotland expires on 27/3/2026 but the vendors are insisting on a completion date of 31/3/2026. Is it possible to prolong the loan expiry date?
The best person to address this issue is your conveyancer who will hopefully calculate whether they corresponding with the bank, vendor’s solicitors, estate agents or conceivably all three based on the circumstances your transaction to date.
We are selling our house in Henbury and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Henbury conveyancer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing outfit rather than a conveyancing solicitor in Henbury. Having lived in Henbury for many years we know of no issue. Should we contact our local Authority to get confirmation need.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
3 months have elapsed following my purchase conveyancing in Henbury completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Henbury differ for new build properties?
Most buyers of new build residence in Henbury contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is constructed. This is because house builders in Henbury typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Henbury or who has acted in the same development.
I am using a search engine for the words conveyancing in Henbury it brings up numerous conveyancersin the area. How do I determine which is the right conveyancer for my move?
The best method of choosing a suitable conveyancer is via personal recommendation, so ask friends and those you trust who have acquired a property in Henbury or a reputable estate agent or financial adviser. Charges for conveyancing in Henbury vary, so it's a good idea to request at least four fee estimates from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.