We are a couple about to exchange contracts for a property in Geddington. We have hit a stumbling block. The mortgage offer with Nottingham Building Society expires on 3/7/2024 but the sellers are putting forward a completion date of 5/7/2024. Can one extend the loan offer?
The best person to address this question is your solicitors who will hopefully determine whether they better off negotiating with the lender, seller’s lawyers, property agents or conceivably all three given what has gone on in your conveyancing to date.
We see that you have a post code search directory listing solicitors on the Clydesdale conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Geddington?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Geddington.
A relative informed me that in purchasing a property in Geddington there may be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
There are anumerous of properties in Geddington which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Geddington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are planning to move property in July. Should my conveyancing solicitor update the removal company on the day of completion. As an aside, can you recommend a removal company in Geddington. Conveyancing firm was organised before I stumbled across this website.
On the day of completion you will need to collect the house keys from your selling agent but this can only take place when the sellers solicitors inform the agent that they have the completion monies and the keys can be released. You should advise the removal men that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can help you find a residential property solicitor in Geddington or a solicitor that specialises in conveyancing in Geddington.
I recently had an offer agreed on an apartment in Geddington. My mortgage broker pressured me to appoint their conveyancer. I paid an on account payment of £175. Shortly after, the property lawyer contacted me to say that they were not on the Bank of Ireland conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Bank of Ireland panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have been on the look out for a ground for flat up to £195,000 and found one near me in Geddington I like with amenity areas and station nearby, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Geddington for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I am downsizing from my property. My past conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. Im based in Geddington if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Geddington. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I have just had an offer accepted on an apartment in Geddington and the broker that we are using recommended his property lawyer. He quoted a thousand pounds excluding VAT and 3rd party costs. Does this sound like a good deal?
Don't just go on 1 estimate. One should seek like-for-like quotes for your conveyancing in Geddington. Then pick one that you are comfortable with and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.