We are a couple about to sign contracts for a freehold house in Aintree. We encountered a stumbling block. The loan offer with Godiva Mortgages Ltd runs out on 11/7/2024 but the sellers are insisting on a completion date of 15/7/2024. Can one prolong the mortgage expiry date?
The person best placed to address this question is your lawyer who should determine if he or she is should be discussing with the mortgage company, seller’s conveyancers, estate agents or conceivably all parties given what has happend in your transaction as of today.
We note that you have a post code search directory identifying firms on the Yorkshire BS conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Aintree?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Aintree.
Is it the case that all Aintree solicitor firms on the Santander conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Santander approved list of solicitors they would need to be regulated by the SRA. Many mortgage companies do list licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
We had selected conveyancing lawyers with offices in Aintree on the RBS solicitor panel. They have just billed me an additional charge for dealing with the RBS mortgage. Is this a supplemental conveyancing fee set by RBS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your conveyancer can levy a fee for this. This fee is not set by RBS but by your Aintree conveyancer. Plenty of firms on the RBS panel will charge ’dealing with mortgage’ fee and others do not.
Bank of Ireland have agreed my home loan in principle, my bid on a house in Aintree has been accepted, now what?
Your estate agent will need to be informed of your solicitor's details (be sure the conveyancing practitioners are on the lender’s approved list). Call up Bank of Ireland or the financial adviser and finalise any outstanding documentation. Bank of Ireland will instruct a valuer who will get in contact with the selling agent or owners to schedule a slot for the valuation to occur. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Bank of Ireland will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Aintree.
Just bought a detached house in Aintree , What is the estimated time for the Land Registry to record the transfer to my name? My Aintree conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Aintree is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can vary depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any interested parties. At present in the region of 80% of submission are completed within 12 days but occasionally there can be protracted hold-ups. Registration occurs after the new owner has moved in to the premises thus 'speed' is not always top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer should communicate with the Registry to express the reasoning for the application to be prioritised.
In scouring the world wide web for the phrase on line conveyancing in Aintree it reveals many solicitorsin the vicinity. How do I determine which is the suitable property lawyer for purchase transaction?
The best method of finding the right conveyancer is through a personal referral, so enquire of colleagues and relatives who have purchased a property in Aintree or a reputable estate agent or mortgage broker. Charges for conveyancing in Aintree vary, so it's sensible to obtain a minimum of four estimates from varying types of companies. Dont forget to clarify what costs in the quote includes.
We recently found out that one of the directors of the solicitors undertaking the purchase conveyancing in Aintree is related to the seller. Is this allowed?
On the basis that no conflict arises this is allowable. If you are needing a mortgage then the bank may have a say as many mortgage companies have specific requirements concerning this. For example for Coventry Building Society as of 11/5/2024, the requirements read as follows :