We were just about to sign contracts for a ground floor flat in Monken Hadley. We encountered a snag. Our loan offer with Barnsley Building Society runs out on 2/3/2026 but the vendors are insisting on a completion date of 4/3/2026. Can one extend the loan expiry date?
The person best placed to address this issue is your conveyancer who will hopefully assess whether they should be discussing with the bank, vendor’s solicitors, property agents or conceivably all parties based on the history of your conveyancing as of today.
Why do I have to pay up front for my conveyancing in Monken Hadley?
Where you are retaining lawyers for conveyancing in Monken Hadley your lawyer will ask you place them with funds to cover the search fees. Normally this is requested to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this will be required shortly ahead of exchange of contracts. Any further balance that is needed should be transferred a few days prior to the completion date.
We're in Monken Hadley, First timers buying with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS 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.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The solicitors who dealt with the conveyancing in Monken Hadley 4 years ago are no longer around. What are my next steps?
In today’s world there are copies made of almost everything, and your conveyancer should know exactly where to look for all the relevant documentation so you can buy or dispose of your property without a hitch. Where copies can’t be found, your conveyancer can put in place insurance or indemnities protecting you against possible claims on the property.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Monken Hadley is the location of the property. Can you offer any opinion?
Flying freeholds in Monken Hadley are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Monken Hadley you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Monken Hadley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My cousin has recommend that I instruct his conveyancers in Monken Hadley. Should I use them?
There are no two ways about it the best way to choose a conveyancing practitioner is to get feedback from friends or family who have actually experience in using the conveyancer that you are contemplating using.