We are about to sign contracts for a garden flat in Dymock. We encountered a problem. Our loan offer with The Royal Bank of Scotland expires on 15/5/2025 but the vendors are suggesting a completion date of 19/5/2025. Can one prolong the loan expiry date?
The person best placed to address this question is your solicitors who is in a position to assess whether they better off negotiating with the mortgage broker, owner’s representatives, property agents or possibly all parties given the circumstances your conveyancing to date.
Are the BSA intent on creating a online directory to list firms on the Earl Shilton BS conveyancing panel for example in Dymock?
We would not expect to be advised of any intention on the part of the BSA to promote such a tool.
I am assisting my mother sell her property in Dymock. Will the conveyancer commission the energy performance certificate or it is for the owner to see to?
Following the demise of Home Packs, energy assessments was maintained a mandatory component of selling a house. An EPC needs to be commissioned prior to the property being advertised. It is not as aspect of the sale process that solicitors normally arrange. If you are using a Dymock conveyancing lawyer they might help arrange EPC’s due to their relationships with reputable local energy assessors
Can you point me to a directory of Coventry BS panel conveyancers in Dymock on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few mortgage companies make their panel listings open the public on the web. Where you are seeking to appoint a Dymock solicitor on the Coventry BS please make the most of our tool.
Principality have agreed my home loan in principle, my bid on a property in Dymock has been agreed to, what happens next?
The property agent will need to know who your solicitors are (be sure the lawyers are on the lender’s approved list). Call up Principality or your broker and finalise any relevant paperwork. Principality will instruct a valuer who will get in contact with the estate agent or vendor to arrange a slot for the valuation to take place. Once conducted (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Principality will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Dymock.
What will a local search inform me regarding the property we're buying in Dymock?
Dymock conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for example PSG The local search is essential in every Dymock conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
It has been 2 months since my purchase conveyancing in Dymock took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Dymock is the location of the property. Can you offer any assistance?
Flying freeholds in Dymock are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dymock you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dymock may decide 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.