We were just about to exchange contracts for a semi detached house in Wirksworth. We encountered a problem. Our mortgage offer with Yorkshire Building Society expires on 17/12/2025 but the vendors are putting forward a completion date of 19/12/2025. Is it possible to extend the loan expiry date?
The best person to address this concern is your lawyer who will determine if they better off negotiating with the bank, vendor’s solicitors, estate agents or conceivably all parties based on the circumstances your conveyancing as of today.
What is the difference between a licensed conveyancer and conveyancing solicitor in Wirksworth
Two types of professional can conduct conveyancing in Wirksworth namely CLC regulated conveyancers or solicitors. Both professionals administer conveyancing services that required to complete the sale or purchase of property. They are both required to conduct Wirksworth conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be properly administered and that all requisite procedures will be appropriately adhered to.
I am helping my mother sell her property in Wirksworth. Does the conveyancer commission an EPC or it is for the seller to see to?
Following the abolition of Home Packs, EPC’s was retained a required component of moving house. An EPC must be to hand in advance of the property being placed on the market. It is not as aspect of the sale process that lawyers ordinarily organise. If you are using a Wirksworth conveyancing solicitor they may help arrange energy assessments due to their contacts with reputable local energy assessors
We are getting a further advance on our mortgage from Santander as we wish to conduct a loft conversion to our house in Wirksworth. Are we obliged to select a nearby Wirksworth solicitor on the Santander conveyancing panel to handle the paperwork?
Santander would not normally instruct firms on 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 Santander panel.
I am close to exchanging contracts on the sale of our home in Wirksworth and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know this is not the case. It does beg the question why the purchasers are using a web based conveyancing outfit rather than a conveyancing solicitor in Wirksworth. Having lived in Wirksworth for many years we know that this is a non issue. Should we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
It has been five months following my purchase conveyancing in Wirksworth completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey carried out on a house in Wirksworth ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend refuse to grant a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Halifax. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wirksworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wirksworth to see if the conveyancing will be more expensive.
Our financial adviser has suggested using their lawyer for the conveyancing in Wirksworth - won’t it be easier to just instruct them?
It is worth checking if the selling agent is recommending a conveyancing practitioner or introducing to a solicitor. There are plenty of Wirksworth selling agents who recommend two or three Wirksworth conveyancing firms and get nothing from it.