We were just about to sign contracts for a semi detached house in Cornwall. We encountered a snag. Our mortgage offer with National Westminster Bank expires on 27/11/2025 but the sellers are insisting on a completion date of 1/12/2025. Can one extend the loan expiry date?
The best person to address this concern is your solicitors who will hopefully calculate if he or she is corresponding with the lender, seller’s conveyancers, property agents or conceivably all three taking into account the circumstances your house move as of today.
I am purchasing a right to buy a flat in Cornwall. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Cornwall you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Cornwall.
We are getting a further advance on our mortgage from Yorkshire BS as we want to conduct a loft conversion to our property in Cornwall. Do we need to choose a nearby Cornwall solicitor on the Yorkshire BS conveyancing panel to handle the legals?
Yorkshire BS don't usually appoint firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS panel.
Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Cornwall conveyancing lawyers were instructed. How long does it take for Kent Reliance to issue the offer to the property lawyer?
Some lenders take longer than others. Have Kent Reliance done the survey? Have you advised Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am due to exchange contracts on my house. I had a double glazing fitted in July 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, RBS are being pedantic. The Cornwall solicitor who is on the RBS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but RBS are requiring a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that RBS have referred the matter to their valuer. The reason why RBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am buying my first flat in Cornwall with a mortgage from Platform Home Loans Ltd. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not inform my conveyancer about this deal as it would put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Are there any apps to help locate a Cornwall law firm on the Nationwide Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 10miles to meet the solicitor.
You can use the tool on this page. Please pick a lender and your location and you will see a number of Cornwall conveyancing lawyers located nearest you. We have listed some Cornwall conveyancing firms towards the end of this page and you can telephone them to see if they are on the Nationwide Building Society panel
I am a couple of weeks into a residential purchase having been recommend to solicitors by the selling agent to carry out the conveyancing in Cornwall. I am am very disappointed with the level of service. Can you you assist me in finding new lawyers?
They would have to be really poor in order to consider diss instructing them. Has the mortgage offer been generated? If so you must inform them of the new contact details and ensure the mortgage documents are re-sent. Your conveyancer should be on the mortgage company approved list to avoid escalating expenses and delays. So that should be your first question of the new solicitors. The search tool will help you find a bank approved lawyer for your conveyancing in Cornwall