We are about to sign contracts for a ground floor flat in Norwood Green. We encountered a stumbling block. The mortgage offer with Barnsley Building Society expires on 1/4/2025 but the owners are putting forward a completion date of 3/4/2025. Can one extend the mortgage offer?
The person best placed to address this concern is your solicitors who will calculate whether he or she is corresponding with the lender, owner’s solicitors, property agents or conceivably all three based on the history of your transaction to date.
My fiance and I decided to purchase a newly converted flat in Norwood Green with a loan from Alliance & Leicester .We would like to retain our Norwood Green conveyancing practitioner but Alliance & Leicester informed us he's not on their approved list of member firms. we are left little option but to use a Alliance & Leicester panel lawyer or keep our preferred solicitor and pay for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
No, not really. The loan offered to you is subject to its various provisions, one of which will be that conveyancers must be on the Alliance & Leicester solicitor panel. Until recently, most banks had large numbers of solicitors 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Alliance & Leicester
Me and my partner are purchasing a house in Norwood Green. It might be a silly question but how we can trust a lawyer? At some point we have to send funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
What is the difference between a licensed conveyancer and conveyancing solicitor in Norwood Green
There are many recorded licenced Conveyancers in Norwood Green and Solicitor partnerships in Norwood Green to choose from We would stress that the two are regulated professionals specialising in the legal aspects of transferring property. They may both also handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I am currently in the process of buying my council flat in Norwood Green. I have a mortgage offer with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
I have recentlydiscovered that Wolstenholmes have closed. They carried out my conveyancing in Norwood Green for a purchase of a freehold house 9 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Norwood Green conveyancing specialists.
How does conveyancing in Norwood Green differ for new build properties?
Most buyers of new build or newly converted property in Norwood Green come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is built. This is because builders in Norwood Green tend to acquire the site, 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 conveyancers 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 Norwood Green or who has acted in the same development.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Norwood Green. I have land on a web site which seems to have the ideal answer If there is a chance to get all the legals completed via phone that would be preferable. Should I be wary? 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?