We were just about to sign contracts for a freehold house in Berrylands. We have hit a stumbling block. The loan offer with The Mortgage Works expires on 19/9/2025 but the sellers are suggesting a completion date of 23/9/2025. Is it possible to extend the loan offer?
The person best placed to address this concern is your conveyancer who will calculate if he or she is better off negotiating with the bank, owner’s representatives, selling agents or possibly all parties taking into account the circumstances your conveyancing as of today.
I am considering mortgaging my flat in Berrylands, does my lawyer need to be on the UBS Solicitor panel?
There is nothing to stop you using your solicitor, but UBS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
A friend recommended that if I am buying in Berrylands I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Berrylands conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Berrylands around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Berrylands.
I am buying my first flat in Berrylands with a loan from Coventry Building Society. The builders refused to reduce the price so I negotiated 6k of extras instead. The estate agent told me not reveal to my conveyancer about this extras as it could impact my loan with Coventry Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In sourcing the world wide web for the phrase on line conveyancing in Berrylands it reveals many conveyancerslocally. With so much choice what is the best way to find the right conveyancing solicitor for the sale of my house?
The best method of choosing the right conveyancer is through a trusted recommendation, so ask friends and family who have acquired a property in Berrylands or the respected estate agent or financial adviser. Charges for conveyancing in Berrylands differ, so it's advisable to obtain a minimum of three quotes from different property lawyers. Dont forget to clarify what costs in the quote includes.
We are contemplating appointing a web based conveyancer as opposed to a Berrylands conveyancing practice. Am I making a mistake?
There are advantages of being able to attend a local Berrylands conveyancing solicitor for instance
- signing documents same day
- often being able to speak to someone face-to-face can make a significant difference, particularly for non-standard conveyancing
- the ability to raise concerns if things go pear-shaped
When checking fees, look out for hidden extras. The majority decent Berrylands high street solicitors give an all-inclusive price. Often online agents seem to offer low cost fees, but have burried 'extras' in the fine print.