We were just about to sign contracts for a property in Old Malden. We have hit a problem. The loan offer with Yorkshire Building Society expires on 18/5/2026 but the sellers are insisting on a completion date of 20/5/2026. Is it possible to prolong the mortgage offer?
The best person to deal with your question is your conveyancer who is in a position to calculate if they corresponding with the lender, owner’s conveyancers, selling agents or possibly all parties based on what has happend in your house move as of today.
I am purchasing a property and require a conveyancing solicitor in Old Malden who is on the Nottingham Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Old Malden. We dont recommend any particular firm.
I'm at the point of viewing apartments in Old Malden and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a mortgage with Coventry BS.
It would be wise to instigate your search sooner rather than later. 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 selling agent. Given that you are getting a mortgage with Coventry BS, ask your prospective lawyers if they are on the Coventry BS conveyancing panel otherwise they can't do the mortgage legal work.
After weeks of negotiation I have agreed a price on a house in Old Malden. My mortgage broker suggested a conveyancer. I paid an advanced payment of £200. Shortly after, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Old Malden solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Old Malden surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Old Malden?
Many commercial conveyancing solicitors in Old Malden will conduct 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 Old Malden. The search result provides 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 Old Malden.
For every commercial conveyancing transaction in Old Malden 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 may result in delays to Old Malden commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Old Malden.
Due to the encouragement of my in-laws I had a survey completed on a house in Old Malden ahead of instructing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks may not grant a loan on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Old Malden. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Old Malden. I happened to land on a site which appears to be the ideal offering If it is possible to get all formalities done via web that would be preferable. Do I need to 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?