We are about to exchange contracts for a semi detached house in Southport. We encountered a snag. The loan offer with Birmingham Midshires expires on 23/10/2026 but the sellers are putting forward a completion date of 27/10/2026. Is it possible to prolong the loan offer?
The person best placed to deal with your issue is your solicitors who should assess if he or she is corresponding with the mortgage broker, seller’s conveyancers, estate agents or possibly all parties taking into account what has gone on in your transaction to date.
We decided to purchase a purpose built flat in Southport with a mortgage from Godiva Mortgages Ltd.We have a Southport conveyancing lawyer but Godiva Mortgages Ltd says she’s not on their "panel". We have to appoint a Godiva Mortgages Ltd panel lawyer or keep our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you contains various provisions, a common one being that conveyancers will be on the Godiva Mortgages Ltd approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Godiva Mortgages Ltd
I purchased a semi-detached Georgian house in Southport. Conveyancing practitioner represented me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southport and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing lawyer who conducted the purchase.
The estate agent has sent us the confirmation of our purchase of a new build flat in Southport. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Southport
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, no chain conveyancing. Southport is the location of the property. What do you suggest?
Flying freeholds in Southport are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Southport you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Southport may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My company is intending to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Southport for less than £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Southport, including the disposal and acquisition of businesses as well as simply premises. If you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. Regarding the charges this will depend on the structure and nuances of the deal. Please provide us with your details or telephone us so that we can provide you with a detailed commercial conveyancing calculation.