We were just about to sign contracts for a garden flat in Westbury On Trym. We have hit a problem. Our mortgage offer with Norwich and Peterborough Building Society expires on 17/6/2024 but the vendors are suggesting a completion date of 19/6/2024. Is it possible to extend the loan expiry date?
The person best placed to address this question is your solicitors who should assess if they corresponding with the lender, vendor’s conveyancers, estate agents or conceivably all parties based on the history of your conveyancing to date.
We have a mortgage agreed in principle with Clydesdale. Westbury On Trym conveyancing practitioners were chosen. How long does it take for Clydesdale to send the offer to the property lawyer?
Some lenders take longer than others. Have Clydesdale conducted the survey? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am selling my apartment. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Santander are being a right pain. The Westbury On Trym solicitor who is on the Santander conveyancing panel is recommending indemnity insurance as a solution but Santander are insisting on a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Nottingham have agreed my home loan in principle, my offer on a property in Westbury On Trym has been accepted, what happens next?
Your estate agent will need to be informed of your lawyer's details (make sure the conveyancing practitioners are on the lender’s panel). Call up Nottingham or your financial adviser and finish off any outstanding paperwork. Nottingham will instruct a valuer who will get in contact with the selling agent or owners to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes about ten days to receive the mortgage offer. Nottingham will issue the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Westbury On Trym.
Should our conveyancer be raising questions about flooding as part of the conveyancing in Westbury On Trym.
The risk of flooding is if increasing concern for lawyers dealing with homes in Westbury On Trym. There are those who acquire a property in Westbury On Trym, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a numerous searches that may be initiated by the purchaser or by their lawyers which should figure out the risks in Westbury On Trym. The conventional set of completed inquiry forms given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard question of the owner to discover whether the premises has ever been flooded. If the property has been flooded in past which is not revealed by the owner, then a purchaser may commence a claim for damages resulting from an misleading answer. A buyer’s solicitors may also commission an enviro report. This will disclose if there is any known flood risk. If so, more detailed investigations will need to be made.
Are there restrictive covenants that are commonly identified during conveyancing in Westbury On Trym?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Westbury On Trym. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am selling my property. My former conveyancers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Westbury On Trym if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Westbury On Trym. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
We are one month into a freehold purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Westbury On Trym. I am not happy. Could you you assist me in finding new lawyers?
A conveyancer would have to be really poor to suggest diss instructing them. Has the loan offer been generated? If so you will need to inform them of the new contact details and ensure the loan are re-issued. Your conveyancer needs to be on the mortgage company approved list to avoid added expenses and frustration. So that should be your starting point. The search tool should help you find a bank approved solicitor for your home move in Westbury On Trym