We were just about to sign contracts for a leasehold flat in Hazel Grove. We encountered a stumbling block. Our mortgage offer with Platform Home Loans Ltd expires on 21/12/2020 but the vendors are insisting on a completion date of 23/12/2020. Can one prolong the loan expiry date?
The person best placed to deal with your question is your lawyer who will assess if they should be discussing with the lender, vendor’s conveyancers, selling agents or possibly all three taking into account the history of your transaction to date.
We note that you have a post code search directory listing solicitors on the Clydesdale conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Hazel Grove?
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 Hazel Grove.
We're in Hazel Grove, First timers purchasing with a mortgage (lender is Coventry BS , and our lawyer is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have todayfound out that Wolstenholmes have closed. They conducted my conveyancing in Hazel Grove for a purchase of a freehold house 12 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The quickest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hazel Grove conveyancing specialists.
I'm purchasing a new build house in Hazel Grove with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not to tell my conveyancer about the extras as it may jeopardize my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have finally had an offer on an apartment in Hazel Grove agreed to, but there is a chain. The sellers have put an offer on on an apartment, although it’s not yet tied up, and are looking at other apartments booked. I have chosen a local conveyancing lawyer in Hazel Grove. What should be my next step? At what stage do I apply for the mortgage with Lloyds?
It is usual to have apprehensions where there is an associated chain given your reluctance to incur expenses too early (mortgage application is approx one thousand pounds, then valuation, Hazel Grove conveyancing search charges, etc). First, you must check that your conveyancer is on the Lloyds conveyancing panel. Regarding the subsequent phase this very much dictated by the specifics of your case, desire for this property and on the state of the market. During a rising market some purchasers would apply for the mortgage with Lloyds and pay for the survey and only if it comes back ok would they request their property lawyer to proceed with the conveyancing in Hazel Grove.