We are about to sign contracts for a freehold house in Corby. We encountered a stumbling block. The loan offer with Birmingham Midshires expires on 9/3/2026 but the vendors are putting forward a completion date of 11/3/2026. Is it possible to prolong the mortgage expiry date?
The person best placed to address this question is your lawyer who will determine if they better off negotiating with the bank, vendor’s conveyancers, property agents or indeed all three taking into account the circumstances your conveyancing to date.
Can your site be used to find a Conveyancing solicitor in Corby even where I’m not purchasing or selling a house, for example if I want to buy a shop in Corby with a mortgage from Virgin Money?
The service is predominantly utilised to get a quote from domestic conveyancing solicitors in Corby but we have set out at the end of this page some Corby commercial conveyancing firms. You should make contact with the solicitors directly to check if they are also authorised to represent Virgin Money
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Corby so that I can attend their offices when needed.
These days approved lawyers for banks carry out their work through Royal Mail, internet or over the phone. This enables them to carry out the conveyancing transaction no matter where you live in England or Wales. Nevertheless you should see if you can still book an appointment to visit conveyancing lawyer if you prefer.
I am buying a new build house in Corby with a loan from Platform Home Loans Ltd. The builders would not reduce the amount so I negotiated £7000 of extras instead. The sale representative told me not inform my lawyer about the deal as it would impact my loan with the lender. 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Corby is the location of the property. Is there any advice you can impart?
Flying freeholds in Corby are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Corby you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Corby may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I need to instruct a conveyancing solicitor for some conveyancing in Corby. I've land on a web site which seems to have the ideal solution If there is a chance to get all the legals done via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?