We were just about to exchange contracts for a semi detached house in North Harrow. We encountered a snag. The loan offer with Virgin Money runs out on 21/5/2020 but the sellers are insisting on a completion date of 26/5/2020. Can one extend the mortgage offer?
The best person to deal with your issue is your lawyer who should calculate if they should be discussing with the mortgage broker, owner’s solicitors, estate agents or possibly all parties taking into account the circumstances your transaction to date.
Can I be sure that the North Harrow conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in North Harrow seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor conducting your conveyancing.
Two weeks ago we had a mortgage agreed in principle with Coventry BS. North Harrow conveyancing lawyers are selected. How long does it take for Coventry BS to forward the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Coventry BS conducted the survey? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
My partner and I are spending time looking at flats in North Harrow and I am now considering a potential offer. Is it advisable to have my lawyer on ‘stand by’? I intend to finance via a home loan with UBS.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are obtaining a mortgage with UBS, ask your prospective lawyers if they are on the UBS conveyancing panel otherwise they can't do the mortgage legal work.
I am buying a new build flat in North Harrow. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in North Harrow
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Due to the guidance of my in-laws I had a survey completed on a property in North Harrow before retaining solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will not give a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in North Harrow. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my home. My past conveyancers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in North Harrow if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in North Harrow. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I need to retain a conveyancing solicitor for freehold conveyancing in North Harrow. I have discover a web site which appears to be the perfect answer If it is possible to get all the legals done via web that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?