We are about to exchange contracts for a ground floor flat in Loughton. We encountered a problem. The loan offer with Bank of Ireland expires on 24/12/2025 but the sellers are putting forward a completion date of 30/12/2025. Is it possible to extend the mortgage offer?
The best person to deal with your concern is your conveyancer who is in a position to determine if he or she is should be discussing with the lender, owner’s conveyancers, selling agents or possibly all three taking into account what has happend in your house move as of today.
We note that you have a post code search directory listing firms on the Kent Reliance conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Loughton?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Loughton.
There are a variety of conveyancing solicitors in Loughton but how do I know who I should use?
It would be unwise to be swayed by the cheapest Loughton conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My lawyer has informed me that missing deeds insurance is needed on my purchase. What is the level of cover for Loughton conveyancing?
The appropriate level of missing deeds indemnity insurance depends on your lender. It would differ for example between Nationwide Building Society and Leeds Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
About to purchase flat in Loughton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Loughton solicitor is on the Nottingham conveyancing panel.
Should I be suspicious that third parties that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Loughton conveyancing practice?
As is the case with many service providers, often suggestions from relatives can be very helpful. Nevertheless there are numerous players in a conveyancing matter; estate agents, financial adviser and lenders might all suggest solicitors to choose. Sometimes the conveyancers might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the recommendation. You are free to appoint your preferred lawyer. However, bear in mind that most mortgage providers specify a panel list of solicitors you are obliged to use for the mortgage related work in your home move.
I have been sourcing a conveyancing practitioner in Loughton for my house move. Is it possible to check a solicitor's complaints history with the profession’s regulator?
You may search for presented Solicitor Regulator Association (SRA) decisions arising from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA could monitor call for training requirements.
My partner and I are FTB’s just having agreed a price on a property in Loughton, and are about to get solicitors instructed. We have used the numerous comparison based websites and the results are from all over the country. Is it important to have a Loughton conveyancer local to your potential new home? We are fine to do everything over the web, but I guess at some point we will be required to physically go into the conveyancing practitioner's office to sign documents?
The lawyer does not need to be in Loughton, but choosing local means that you can visit their offices if needed, for instance, if a signature is needed urgently. In addition, a Loughton solicitor is likely to be familiar with local agents and (if the vendor has instructed a local solicitor) with them, which should help smooth the process.