We were just about to exchange contracts for a garden flat in Gedling. We encountered a snag. The mortgage offer with Nationwide Building Society runs out on 12/11/2025 but the sellers are insisting on a completion date of 14/11/2025. Can one prolong the loan expiry date?
The best person to address this question is your solicitors who is in a position to assess if they better off negotiating with the lender, owner’s representatives, estate agents or indeed all three based on the history of your house move as of today.
At what point does exchange of contracts happen for purchase conveyancing in Gedling and do I need to attend the conveyancers branch?
If you are near to one of the conveyancing solicitors in Gedling you are invited in to sign documents. That being said, the lender approved solicitors we work with supply a national conveyancing service and provide as equally detailed and professional a job for you when dealing with you electronically. The signing of the contract is not when everything is set in stone. A signed contract simply enables the conveyancer to address the formalities at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Gedling)to be in the office at the appropriate time.
I own a terraced Edwardian property in Gedling. Conveyancing lawyer represented me and Britannia. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Gedling and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing lawyer who conducted the purchase.
I decided to have a survey done on a house in Gedling in advance of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies tend not grant a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Gedling. Conveyancing may be slightly more expensive based on your lender's requirements.
Do I need to be suspicious by 3rd parties that I am dealing with are suggesting a web based conveyancing firm rather than a High Street Gedling conveyancing firm?
As is the case with lots of service providers, often referrals from family and friends can be worth their weight in gold. Yet there are numerous players in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies may put forward conveyancers to choose. On occasion these lawyers might be known to one of the organisations as experts in their field, but sometimes there might be a financial incentive behind the endorsement. You have the discretion to choose your own lawyer. Don't forget that most mortgage providers specify a panel list of law firms you are obliged to use for the lender related work in your house move.
In my capacity as executor for the estate of my grandfather I am disposing of a residence in Swansea but reside in Gedling. My lawyer (based 300 kilometers awayhas requested that I sign a statutory declaration before completion. Can you recommend a conveyancing solicitor in Gedling who can witness this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Gedling