We were just about to sign contracts for a ground floor flat in Silverton. We encountered a stumbling block. Our loan offer with Halifax runs out on 23/3/2026 but the sellers are putting forward a completion date of 25/3/2026. Can one extend the loan offer?

The best person to address this question is your conveyancer who will hopefully assess if he or she is should be discussing with the lender, seller’s lawyers, property agents or conceivably all parties taking into account what has happend in your transaction as of today.

Are the Silverton conveyancing solicitors identified as being on the Clydesdale conveyancing panel, together with their details provided by Clydesdale?

Silverton conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.

I have been told that property searches are a common cause of stalling in Silverton conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Silverton.

I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Silverton I like with a park and railway links nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Silverton suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

There are a lot of properties in Silverton on unadopted roads. We are buying one such house. Are there any advantages to purchasing a house on a private road?

Silverton conveyancing firms are used to transacting houseson unadopted roads. Your conveyancer will investigate Land Registry data to find any rights or liabilities. It is possible that there is a management company (wholly owned by residents) that owners pay into to maintain the road. If there is one, the road will likely be maintained and look better than council maintained.