We were just about to exchange contracts for a property in Edgware. We have hit a snag. Our mortgage offer with Godiva Mortgages Ltd expires on 28/9/2026 but the owners are insisting on a completion date of 30/9/2026. Can one prolong the loan expiry date?
The best person to deal with your concern is your solicitors who will hopefully assess whether he or she is better off negotiating with the mortgage broker, seller’s solicitors, estate agents or conceivably all three based on the circumstances your transaction to date.
I happen to be the only beneficiary of my late father’s estate and I have everything in my name now, including the house in Edgware. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship may be considered the same way as though I had purchased the house in June. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Most lenders would take a pragmatic view as this requirement chiefly exists to pick up on the purchase and immediately sell or the wholesaling and assigning of properties.
We are getting the release of further monies on our mortgage from Nationwide as we wish to conduct renovations to our house in Edgware. Are we obliged to choose a high street Edgware solicitor on the Nationwide conveyancing panel to deal with the paperwork?
Nationwide don't usually instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nationwide panel.
I had a mortgage agreed in principle with Santander. Edgware conveyancing solicitors have been chosen. What is the average time that one could expect to receive a mortgage offer from Santander?
Some lenders take longer than others. Have Santander completed the valuation? Have you advised Santander as to your lawyers' details and checked that your lawyers are on the Santander conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I used Stirling Law several years ago for my conveyancing in Edgware. I now require my papers but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Edgware of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Edgware differ for new build properties?
Most buyers of new build premises in Edgware approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Edgware usually 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 conveyancing solicitors 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 Edgware or who has acted in the same development.
How do I search for a Edgware solicitor on the Alliance & Leicester conveyancing panel? I drive a motor bike and am prepared to travel upto 25kilometers to meet the lawyer.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Edgware conveyancing lawyers based on proximity. We have detailed some Edgware conveyancing firms towards the end of this page and you can telephone them to see if they are on the Alliance & Leicester approved list
I am buying a property and require a conveyancing solicitor in Edgware who is on the lender approved panel. Can you recommend a Edgware or local Edgware conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who do conveyancing in Edgware. We dont recommend any particular firm.