We were just about to sign contracts for a ground floor flat in Redruth. We have hit a stumbling block. Our mortgage offer with Leeds Building Society runs out on 15/8/2022 but the owners are insisting on a completion date of 17/8/2022. Is it possible to extend the mortgage offer?
The best person to deal with your issue is your conveyancer who will hopefully determine whether they corresponding with the bank, owner’s lawyers, selling agents or conceivably all three given the history of your transaction to date.
I am in the process of remortgaging my house in Redruth, does my lawyer need to be on the Principality Conveyancing panel?
In theory, you could use a solicitor that is not on the Principality conveyancing panel, but Principality would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
What is your number one tip for finding a conveyancing solicitor in Redruth
Do not opt for the cheapest Redruth conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
My aunt informed me that in purchasing a property in Redruth there may be various restrictions prohibiting external alterations to the property. Is this right?
We are aware of anumerous of properties in Redruth which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Redruth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Redruth solicitor practices on the Leeds Building Society conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Leeds Building Society approved list of solicitors they would need to be governed by the SRA. Some mortgage companies do list licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who did the conveyancing in Redruth 4 years ago no longer exist. What are my next steps?
Nowadays there are copies made of almost everything, and your conveyancer should know exactly where to look for all the relevant documentation so you can purchase or sell your house without any difficulty. Where copies can’t be located, your conveyancer can arrange cover in the form of insurance or indemnities against possible claims on your property.
Due to the input of my in-laws I had a survey completed on a property in Redruth before appointing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some lenders tend not grant a loan on such a premises.
It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Redruth. Conveyancing will be smoother if you use a solicitor in Redruth especially if they are accustomed to such properties in Redruth.
We are 17 days into a residential purchase having been referred to conveyancers by the high street agent to execute conveyancing in Redruth. I am not happy. Can you you assist me in finding new solicitors?
They would need to be very bad in order to consider replacing them. Has your mortgage been issued? In the event that it has you will need to make them aware of the replacement conveyancer and ensure the loan are re-issued. The solicitor ideally needs to be on the lenders approved list to avoid added fees and frustration. That should be your starting point. The search tool can assist you in finding a bank approved solicitor for your home move in Redruth