We are about to exchange contracts for a semi detached house in Writtle. We encountered a stumbling block. Our mortgage offer with National Westminster Bank expires on 3/2/2026 but the vendors are putting forward a completion date of 5/2/2026. Is it possible to prolong the loan expiry date?
The person best placed to deal with your concern is your lawyer who should determine whether they should be discussing with the bank, owner’s conveyancers, selling agents or indeed all parties based on the circumstances your conveyancing as of today.
I have 70 years unexpired on my lease and require a lease extension for my apartment in Writtle. Conveyancing solicitors on the Virgin panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/12/2025 the requirements read as follows :
Should commercial conveyancing searches disclose proposed roadworks that could affect a commercial premises in Writtle?
Its becoming the norm that commercial conveyancing solicitors in Writtle will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Writtle. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Writtle.
For every commercial conveyancing transaction in Writtle it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Writtle commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Writtle.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Writtle?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Writtle. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Writtle differ for newly converted properties?
Most buyers of new build property in Writtle come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Writtle tend to purchase the site, 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 conveyancers 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 used to new build conveyancing in Writtle or who has acted in the same development.