We are a couple about to sign contracts for a ground floor flat in Sandy. We have hit a snag. The mortgage offer with Lloyds TSB Bank runs out on 28/3/2023 but the owners are putting forward a completion date of 30/3/2023. Is it possible to prolong the mortgage expiry date?
The person best placed to address this question is your conveyancer who will hopefully calculate whether they corresponding with the bank, owner’s conveyancers, property agents or indeed all parties given the circumstances your house move to date.
We are planning to acquire a flat and require a conveyancing solicitor in Sandy who is on the Aldermore conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Sandy.
I am purchasing a terraced house in Sandy. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Sandy you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Sandy.
I am being told by my conveyancer that lack of right of way insurance is required on my purchase. What is the level of cover for Sandy conveyancing?
The appropriate level of lack of right of way indemnity insurance should be dictated by who who your lender is. It would differ for example between Santander and Coventry Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
My wife and I have organised a further advance on our home loan from Yorkshire BS as we intend to carry out alterations to our home in Sandy. Are we obliged to appoint a bricks and mortar Sandy solicitor on the Yorkshire BS conveyancing panel to deal with the legals?
Yorkshire BS don't usually appoint a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Clydesdale. Is it usual for Clydesdale to only issue the offer once my solicitor in Sandy is approved on their conveyancing panel? Clydesdale have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am 3 weeks into a leasehold purchase having been referred to solicitors by the selling agent to perform conveyancing in Sandy. I am not happy. Can you you assist me in finding new lawyers?
They would need to be very bad to suggest diss instructing them. Has the mortgage been sent? If so you will need to inform them of the new conveyancer and have the mortgage documents are re-issued. Your conveyancer should be on the banks approved list to avoid added fees and delays. So that should be your first question of the new lawyers. Our search tool can help you find a bank approved conveyancer for your home move in Sandy
My lawyers in Sandy have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the mortgage company. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.