We are a couple about to sign contracts for a garden flat in Thamesmead. We encountered a stumbling block. Our mortgage offer with Barclays expires on 16/12/2021 but the vendors are insisting on a completion date of 20/12/2021. Can one prolong the mortgage offer?
The person best placed to address this issue is your lawyer who will calculate if they corresponding with the bank, owner’s lawyers, property agents or indeed all parties given the circumstances your house move to date.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would much rather instruct a Thamesmead based conveyancing firm?
You should check but the chances are that appoint one of their panel solicitors where you accept the "fee-free" offer. Speak to the bank and see if they offer you a cash alternative. Some banks have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Thamesmead.
I just bought a property at auction in Thamesmead. Conveyancing is required. What happens now?
Given that you have now exchanged you should retain a conveyancing practitioner quickly as you will have a pending a drop dead date to complete the deal. All auction property will have a corresponding legal pack. This will include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must give this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding in place to complete on the on the contractual date .
I'm spending time looking at flats in Thamesmead and I am now considering a potential offer. Is it wise to have a lawyer on ‘stand by’? I am planning to take a mortgage with Coventry BS.
You should start requesting conveyancing estimates 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 pass their details on to the estate agent. As you are taking out 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.
My sealed bid on a detached house in Thamesmead has been agreed to, but there is a chain. The sellers have offered on on an apartment, but it’s not yet tied up, and have viewings of other apartments in the pipeline. I have chosen a high street conveyancing solicitor in Thamesmead. What should be my next step? When do I get the mortgage application with Skipton going?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, Thamesmead conveyancing search costs, etc). First, you must check that your property lawyer is on the Skipton approved list. Regarding the next phase this very much depends on the uniqueness of your case, desire for this property and on the state of the market. During a hot market the majority of home buyers would apply for a home loan with Skipton and arrange for the valuation and only if it was satisfactory would they request their lawyer to press on with searches.
How does conveyancing in Thamesmead differ for newly converted properties?
Most buyers of new build or newly converted property in Thamesmead approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Thamesmead typically purchase 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 accustomed to new build conveyancing in Thamesmead or who has acted in the same development.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Thamesmead?
At this site obtain a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Thamesmead. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your property ownership legalities in Thamesmead
Our conveyancing in Thamesmead completes this Friday, but the owners I am purchasing off has asked to move out on the Saturday at 2pm. Can I agree to such a plan?
If you are having a bank loan then your conveyancing practitioner will demand that the premises arevacant on Friday - the lending institution will insist on it.