We are about to exchange contracts for a ground floor flat in Kettering. We encountered a problem. The mortgage offer with Halifax expires on 7/8/2025 but the sellers are suggesting a completion date of 11/8/2025. Can one prolong the mortgage offer?
The best person to deal with your question is your solicitors who should assess if they better off negotiating with the mortgage company, vendor’s conveyancers, estate agents or possibly all three based on the circumstances your house move as of today.
Finally the sale completed on my house in Kettering last October yet the purchaser is e-mailing every few hours to say their lawyer needs to hear from mine. What should have happened following completion?
After completion of your disposal your conveyancer is duty bound to forward the transfer deeds and all of the paperwork to the purchaser's conveyancer. If applicable, your conveyancer should also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers conveyancers. There is unlikely to be post completion steps just for conveyancing in Kettering.
Are the BSA intent on creating a search tool with a view to to identify solicitors on the Earl Shilton BS conveyancing panel for example in Kettering?
We would not expect to be advised of any plans on the part of the BSA to develop such a search facility.
My partner and I have organised a further advance on our home loan from Lloyds as we intend to carry out alterations to our home in Kettering. Do we need to choose a nearby Kettering solicitor on the Lloyds conveyancing panel to handle the legals?
Lloyds do not ordinarily appoint firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds conveyancing panel.
I am currently in the process of buying my council flat in Kettering. I have a mortgage agreed with RBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Kettering building society branch on various occasions and was reassured it wasn't an issue and they would lend. My Kettering conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they would not lend based on their published requirements. Who do I believe?
Your lawyer has to comply with the CML Handbook section two requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have been told that property searches are the number one cause of hinderance in Kettering conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Kettering.
My husband and I are a couple of weeks into a residential purchase having been referred to a firm by the local agent to carry out the conveyancing in Kettering. I am not happy. Could you help me find new conveyancers?
A solicitor would have to be really bad to suggest diss instructing them. Has your mortgage been issued? In the event that it has you will need to make them aware of the new conveyancer and get the loan are re-issued. Your solicitor ideally should be on the banks panel to avoid escalating charges and complications. So that should be your first question of the new conveyancers. The find a solicitor tool should help you find a bank approved conveyancer for your home move in Kettering