I am hoping to receive a offer of a home loan from Lloyds. I hope to use a Licensed Conveyancer in Coulsdon. Does the Lloyds Solicitor panel include Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
We are about to exchange contracts for a property in Coulsdon. We encountered a stumbling block. Our loan offer with Yorkshire Building Society expires on 6/7/2026 but the sellers are insisting on a completion date of 8/7/2026. Is it possible to extend the loan expiry date?
The best person to address this issue is your solicitors who should calculate if they corresponding with the mortgage company, vendor’s lawyers, selling agents or possibly all three taking into account what has happend in your transaction to date.
The deeds to our property are lost. The solicitors who handled the conveyancing in Coulsdon 5 years ago are no longer around. Will I be able to sell the house?
As long as the title is registered the details of your ownership will be recorded by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, locate your property and secure current copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will in most cases hold a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
How does conveyancing in Coulsdon differ for newly converted properties?
Most buyers of new build residence in Coulsdon approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Coulsdon usually buy the real estate, 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 property lawyers 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 Coulsdon or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Coulsdon is the location of the property. What do you suggest?
Flying freeholds in Coulsdon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Coulsdon you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Coulsdon 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 property.
Given that I will soon spend hundreds of thousands of pounds on a terraced house in Coulsdon I wish to have a conversation with the solicitor about mytransaction in advance of instructing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your conveyancing in Coulsdon.There is no ‘factory style conveyancing’ - every client is unique individual, not a case reference. The practices that we put you in touch with believe that the fees you are provided with for your conveyancing in Coulsdon should be the amount on the final invoice that you end up paying.