We were just about to sign contracts for a property in Aylestone. We encountered a problem. Our mortgage offer with Chelsea Building Society runs out on 22/6/2026 but the owners are putting forward a completion date of 24/6/2026. Is it possible to extend the loan expiry date?
The best person to address this question is your solicitors who should assess if he or she is should be discussing with the bank, owner’s lawyers, estate agents or indeed all parties based on the circumstances your transaction to date.
My Conveyancer in Aylestone is not on the Skipton Building Society Solicitor Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the Skipton Building Society panel?
The limited options open to you here include:
- Complete the purchase with your existing Aylestone solicitors but Skipton Building Society will need to instruct a lawyer on their list of acceptable firms. This will inevitably rack up the total conveyancing fees and cause delays.
- Get a new solicitor to act in the purchase, remembering to check they are Skipton Building Society approved.
- Persuade your Skipton Building Society based solicitor to try to join the Skipton Building Society panel
When it comes to lenders such as Aldermore, do Aylestone conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
My husband and I have arranged a further advance on our mortgage from Skipton as we wish to carry out alterations to our house in Aylestone. Do we need to appoint a high street Aylestone solicitor on the Skipton conveyancing panel to handle the paperwork?
Skipton don't usually instruct a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton list.
I have a mortgage with HSBC for my property in Aylestone. Conveyancing was finalised a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
HSBC must be informed of your intention prior to renting your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel firm.
Are there restrictive covenants that are commonly identified during conveyancing in Aylestone?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Aylestone. 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…’
Due to the guidance of my in-laws I had a survey completed on a property in Aylestone ahead of instructing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor advised that some mortgage companies may not give a mortgage on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Aylestone. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Aylestone to see if the conveyancing costs will increase in light of this.
In my capacity as executor for the will of my aunt I am selling a residence in Neath but I am based in Aylestone. My solicitor (who is 200 miles from meneeds me to execute a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Aylestone to attest this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Aylestone