I am hoping to receive a mortgage offer from Lloyds. My intention is to retain the legal services of a Licensed Conveyancer in Midhurst. Does the Lloyds Conveyancing panel exclude Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are a couple about to sign contracts for a ground floor flat in Midhurst. We have hit a stumbling block. The mortgage offer with Barclays runs out on 4/8/2025 but the sellers are insisting on a completion date of 6/8/2025. Is it possible to prolong the loan expiry date?
The person best placed to deal with your issue is your solicitors who will calculate whether he or she is better off negotiating with the bank, owner’s representatives, selling agents or conceivably all three based on the circumstances your house move as of today.
I am selling our property in Midhurst and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in Midhurst. We have lived in Midhurst for six years we know of no issue. Do we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
How does conveyancing in Midhurst differ for newly converted properties?
Most buyers of new build property in Midhurst contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Midhurst typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Midhurst or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Midhurst in advance of retaining conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies tend not issue a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Midhurst. Conveyancing will be smoother if you use a solicitor in Midhurst especially if they are familiar with such properties in Midhurst.
Our conveyancing in Midhurst is set to complete next Friday, yet the sellers I am purchasing from wishes to move out on the Saturday PM. Should I agree to this?
You can't complete on a Saturday because the bank systems aren't operational.