We are a couple about to sign contracts for a freehold house in Chesterfield. We have hit a stumbling block. The loan offer with Birmingham Midshires expires on 6/6/2024 but the vendors are insisting on a completion date of 10/6/2024. Is it possible to prolong the loan expiry date?
The best person to address this issue is your solicitors who is in a position to assess if they better off negotiating with the mortgage company, vendor’s lawyers, estate agents or indeed all parties given the circumstances your house move as of today.
We are selling our home in Chesterfield. Does the solicitor need to be on the Nationwide conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who did the conveyancing in Chesterfield 4 years ago have long since closed. What are my next steps?
As long as the title is registered the details of your proprietorship will be retained by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, find your property and obtain up to date copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
I'm buying my first flat in Chesterfield with the aid of help to buy. The builders refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not to tell my solicitor about the extras as it would put at risk my mortgage with the bank. 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.
How do I use your search app to select a conveyancing practitioner in Chesterfield on the approved list for my lender?
1st choose a lender such as Halifax, Coventry Building Society or Clydesdale then choose your location a common one being Chesterfield. Conveyancing organisations in Chesterfield and nationally should be shown.
I am using a search engine for the phrase cheap conveyancing in Chesterfield it brings up many property lawyerslocally. With so much choice what is the best way to find the suitable conveyancer for my move?
The best method of choosing a suitable conveyancer is via trusted referral, so ask colleagues and family who have bought a property in Chesterfield or a respected estate agent or mortgage broker. Costs for conveyancing in Chesterfield differ, so it's sensible to obtain at least four fee calculations from varying types of conveyancers. Make sure that you clarify that the costs are assured not to to be inflated.