We are about to exchange contracts for a semi detached house in Norbiton. We encountered a snag. Our loan offer with Godiva Mortgages Ltd expires on 23/5/2023 but the owners are putting forward a completion date of 25/5/2023. Is it possible to extend the loan expiry date?
The person best placed to deal with your concern is your solicitors who is in a position to assess whether he or she is corresponding with the mortgage company, owner’s lawyers, selling agents or indeed all three based on the circumstances your house move as of today.
We are buying a newbuild flat in Norbiton with a mortgage from Barclays .We have a Norbiton conveyancing practitioner but Barclays says she’s not on their approved list of firms. We have to appoint a Barclays panel solicitor or retain our high street solicitor and pay for a Barclays panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Barclays use our lawyer?
Unfortunately,no. The loan issued to you is subject to its various provisions, a common one being that lawyers needs to be on the Barclays approved list. Until recently, most banks had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Barclays
Do commercial conveyancing searches disclose impending roadworks that could impact a commercial land in Norbiton?
Many commercial conveyancing solicitors in Norbiton will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Norbiton. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Norbiton.
For each commercial conveyancing transaction in Norbiton it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Norbiton commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Norbiton.
2 months have elapsed following my purchase conveyancing in Norbiton took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Norbiton differ for new build properties?
Most buyers of new build residence in Norbiton come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is finished. This is because developers in Norbiton typically buy the real estate, 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 used to new build conveyancing in Norbiton or who has acted in the same development.
As co-executor for the estate of my uncle I am disposing of a residence in Swansea but I am based in Norbiton. My conveyancer (who is 300 kilometers awayneeds me to sign a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Norbiton who can attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are Norbiton based