We are about to sign contracts for a garden flat in Killingworth. We have hit a problem. The mortgage offer with Clydesdale expires on 23/3/2026 but the sellers are putting forward a completion date of 25/3/2026. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your solicitors who will assess whether he or she is better off negotiating with the mortgage company, seller’s lawyers, property agents or indeed all three based on the history of your house move as of today.
Do conveyancers request money up-front for my conveyancing in Killingworth?
Where you are retaining lawyers for conveyancing in Killingworth your lawyer will request that you put them with funds to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the conveyancing searches. If any deposit is as part of the total price then this will be needed immediately prior to contracts are exchanged. Any further balance that is needed should be transferred a few days ahead of the day of completion.
I note that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when buying a property in Killingworth? or Apparently there is an ancient law that means some homeowners residing in a parish church boundary may be liable to contribute towards repairs towards the chancel in proximity to the church. Is this suitable for conveyancing in Killingworth?
Unless a previous purchase of the premises took place after 12 October 2013 you may take it that solicitors carrying out conveyancing in Killingworth to continue to suggest a chancel search and or chancel repair liability insurance.
I used Arc property Solicitors a few years ago for my conveyancing in Killingworth. Now, I need the documents however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Killingworth of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a leasehold apartment up to £235,500 and identified one round the corner in Killingworth I like with a park and railway links nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in Killingworth suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan that many years will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.