We were just about to exchange contracts for a property in Mablethorpe. We have hit a snag. Our loan offer with Platform Home Loans Ltd runs out on 26/11/2026 but the vendors are putting forward a completion date of 30/11/2026. Can one prolong the mortgage expiry date?
The best person to address this issue is your conveyancer who will hopefully determine whether they corresponding with the bank, owner’s representatives, selling agents or possibly all three based on what has gone on in your house move to date.
Can I use your services to find a Conveyancing solicitor in Mablethorpe even where I’m not purchasing or disposing of a house, for instance if I intend to acquire a shop in Mablethorpe with a loan from Skipton Building Society?
Our comparison service is predominantly used to select residential conveyancing solicitors in Mablethorpe but we have listed at the end of this page a selection of Mablethorpe commercial conveyancing firms. You should enquire with the firm directly to check if they can also act for Skipton Building Society
3 months have gone by following my purchase conveyancing in Mablethorpe took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 asset 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.
I'm refinancing my existing property to a BTL loan with Britannia and I will use the rest of the raised equity as a deposit on a second property. The area we are interested in is Mablethorpe. Will your conveyancers be able to act for the two mortgage companies and tie in the two deals?
Do use our search tool on this site to check that the lawyers are on the relevant lender panels. Having checked that they are your lawyer will be able to tie up the two transactions but you should have a chat with you lawyer and communicate your desired outcome and needs.
I own a leasehold flat in Mablethorpe. Conveyancing and Coventry Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Mablethorpe who previously acted has long since retired. Do I pay?
First contact HMLR to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Mablethorpe conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Mablethorpe - Sample of Questions you should consider before buying
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You should want to discover as much as you can regarding the managing agents as they can either make your life much simpler or uncomfortable. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to practical matters like the cleanliness of the common parts. Enquire of other tenants whether they are happy with them. In conclusion, investigate as to the dates that the service fees are due to the managing agents and specifically how they are spending that money. Plenty Mablethorpe leasehold flats will incur a service charge for maintenance of the block levied on behalf of the management company. Should you acquire the apartment you will have to meet this amount, normally quarterly during the year. This may differ from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all likelihood there will be a rentcharge for you to pay yearly, this is usually not a exorbitant figure, say around £25-£75 but you should to check as occasionally it can be many hundreds of pounds. Does the lease contain onerous restrictions?
How and when do I incur the Stamp Duty Land Tax payable for my purchase in Mablethorpe?
Your solicitor should complete a stamp duty return for you as part of your Mablethorpe purchase transaction for signature. After completion your conveyancing practitioner will submit the Land Transaction application to the Inland Revenue and - as long as they have the money - pay any land tax payable for you.