We were just about to sign contracts for a property in Crabtree. We have hit a problem. Our loan offer with Nottingham Building Society runs out on 27/5/2025 but the owners are suggesting a completion date of 29/5/2025. Can one extend the mortgage offer?
The best person to deal with your issue is your solicitors who should assess if he or she is should be discussing with the mortgage company, owner’s solicitors, property agents or conceivably all three taking into account the history of your transaction as of today.
Is there a reason why leasehold purchase conveyancing in Crabtree is more expensive?
Crabtree leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Do the Building Society Association intend to launch a online directory to list practices on the Melton Mowbray Building Society conveyancing panel for example in Crabtree?
We are not aware of any plans on the part of the BSA to promote such a search facility.
How does conveyancing in Crabtree differ for new build properties?
Most buyers of new build or newly converted property in Crabtree contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Crabtree typically purchase 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 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 accustomed to new build conveyancing in Crabtree or who has acted in the same development.
I am looking for a conveyancing lawyer in Crabtree for my house move. Is it possible to check a solicitor's complaints history with the legal regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator may monitor call for training purposes.
Can you shed any light on the aspects of conveyancing provided by Crabtree conveyancing firms?
On the whole Crabtree conveyancing organisations can carry out various services to home and land owners, vendors, buyers, freeholders and tenants including the following:
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Private sale conveyancing in Crabtree or nationwide
House purchase conveyancing in Crabtree and also around the country
Shariah Compliant Islamic Conveyancing Bespoke or complex residential transactions including farms, estates, and company properties Shared ownership and shared equity scheme Staircasing (purchasing additional shares in your home)