We were just about to exchange contracts for a leasehold flat in Frizington. We encountered a snag. Our loan offer with The Royal Bank of Scotland expires on 27/9/2021 but the sellers are insisting on a completion date of 29/9/2021. Can one extend the mortgage offer?
The best person to address this question is your solicitors who will hopefully calculate whether they should be discussing with the mortgage company, vendor’s representatives, property agents or indeed all three taking into account the circumstances your house move to date.
I had intended to instruct a property lawyer in Frizington for our house move. Our financial adviser has since advised us that our mortgage company Bank of Ireland won't deal with them. Why is this not regarded as unfair competition?
A bank may insist on a panel solicitor act for it. You would be liable to meet the cost of this. Do use our search facility to select a solicitor to carry conveyancing in Frizington on the Bank of Ireland conveyancing panel.
I have been told that property searches are the main cause of stalling in Frizington conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of delay in conveyancing in Frizington.
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 was supposed to be a straight forward, chain free conveyancing. Frizington is the location of the property. Is there any guidance you can give?
Flying freeholds in Frizington are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Frizington you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Frizington 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 property.
I'm converting the mortgage on my existing home to a buy to let mortgage with Halifax and intend to use the remaining equity as a down payment on a second property. The area we are interested in is Frizington. Will your solicitors be able to act for both sets of banks and tie in the transactions?
Make use of our comparison tool on this page to be sure that the lawyers are on the relevant lender panels. On the basis that they are your solicitor will be able to connect the two conveyancing matters but you should have a chat with you lawyer and specify your desired outcome and needs.
I am purchasing a flat and need a conveyancing solicitor in Frizington who is on the lender solicitor panel. Can you recommend a Frizington or local Frizington 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 mortgage company who conduct conveyancing in Frizington. We dont recommend any particular conveyancing practice.