We are a couple about to sign contracts for a ground floor flat in Bishops Cleeve. We have hit a problem. The loan offer with Coventry Building Society runs out on 6/7/2022 but the owners are suggesting a completion date of 8/7/2022. Can one prolong the mortgage expiry date?
The best person to deal with your issue is your lawyer who will hopefully calculate whether he or she is corresponding with the bank, owner’s conveyancers, property agents or indeed all three taking into account the circumstances your transaction as of today.
My wife and I are purchasing a house in Bishops Cleeve. I might seem paranoid but how we can trust a solicitor? At some point we have to send our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Are all Bishops Cleeve Conveyancing Quality Solicitors on the Virgin Money conveyancing panel?
A selection of banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
My wife and I have organised a further advance on our mortgage from Coventry BS as we want to conduct improvements to our property in Bishops Cleeve. Are we obliged to choose a local Bishops Cleeve solicitor on the Coventry BS conveyancing panel to deal with the paperwork?
Coventry BS would not normally require firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS panel.
I used Wolstenholmes several years ago for my conveyancing in Bishops Cleeve. Now, I need the files but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bishops Cleeve of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Bishops Cleeve differ for newly converted properties?
Most buyers of new build premises in Bishops Cleeve contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Bishops Cleeve usually acquire the land, 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 Bishops Cleeve or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in Bishops Cleeve ahead of instructing conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders may refuse to issue a mortgage on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bishops Cleeve. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bishops Cleeve to see if the conveyancing costs will increase in light of this.
Given that I am about to spend hundreds of thousands of pounds on a house in Bishops Cleeve I wish to have a conversation with the lawyer regarding thehome move prior to appointing the firm. Can this be arranged?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you speaking to the solicitor due to be carrying out your conveyancing in Bishops Cleeve.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Bishops Cleeve should be the amount on the final invoice that you are charged.