We were just about to sign contracts for a ground floor flat in Yelverton. We encountered a stumbling block. The mortgage offer with Nationwide Building Society expires on 25/2/2026 but the vendors are putting forward a completion date of 27/2/2026. Is it possible to extend the mortgage offer?
The best person to address this issue is your conveyancer who should calculate whether he or she is better off negotiating with the mortgage company, seller’s lawyers, property agents or conceivably all parties based on the history of your conveyancing as of today.
Having sold my house in Yelverton last September but our buyer keeps texting daily to say their lawyer needs to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
Following your house sale your lawyer should forward the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your lawyer should also evidence that the legal charge in favour of the lender has been repaid to the buyers conveyancers. There are no post completion procedures just for conveyancing in Yelverton.
We are aiming to move property in January. Does my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Yelverton. Conveyancing lawyer was found before I stumbled across your page.
On the afternoon of completion you can collect the keys from your selling agent however this should only be done once the vendors conveyancers confirm to the agent that they have the completion monies and the keys can be collected. Subsequently you should tell the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a residential property solicitor in Yelverton or a firm that specialises in conveyancing in Yelverton.
My wife and I are in the process of looking at flats in Yelverton and I am about to put in an offer. Should I already have a conveyancing practitioner in place at this point? I will be getting a mortgage with Yorkshire BS.
It would be sensible to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are getting a mortgage with Yorkshire BS, ask your prospective lawyers if they are on the Yorkshire BS conveyancing panel otherwise they can't do the mortgage legal work.
Completion of my purchase has taken place for my property in Yelverton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I was pointed in your direction by a number of property agents in Yelverton to find a conveyancer using your seach tool. What’s the financial incentive for Estate Agents to offer your site over and above alternative conveyancing organisations?
We refuse to offer any commission for directing people in our direction. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
We're FTB’s - agreed a price, yet the selling agent has warned us that the vendor will only issue a contract if we use the agent's chosen conveyancers as they need an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Yelverton
We suspect that the seller is not behind this ultimatum. If they require ‘a quick sale', alienating a motivated buyer is counter productive. Try to communicate with the vendors directly and make sure they comprehend that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your preferred Yelverton conveyancing firm - not the ones that will give the negotiator at the agency a referral fee or hit his conveyancing targets demanded by HQ.
Our solicitor in Yelverton has discovered a a legal deficiency with the lease for the property we are purchasing in Yelverton. The seller’s lawyers have offered title insurance as a solution. We are content with insurance and will cover the costs. Our lawyer has advised that as he is on the lender conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the lender approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.