A mortgage offer from NatWest for the remortgage of my single room apartment is expected by the end of next week. Are you able to put forward a cheap conveyancing solicitor in Badminton?
You have come to the wrong site to search for the lowest fares for conveyancing solicitors in Badminton. Our goal is to offer excellent value conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint companies offering £100 conveyancing in Badminton. At best, in going for cheap conveyancing, you will receive what you pay for and at worst it will result in you being stung for additional fees and still not end up with the service expected.
We were just about to sign contracts for a garden flat in Badminton. We have hit a stumbling block. Our mortgage offer with Halifax runs out on 2/1/2026 but the vendors are insisting on a completion date of 6/1/2026. Is it possible to extend the mortgage offer?
The best person to deal with your question is your solicitors who will hopefully assess whether they better off negotiating with the mortgage company, seller’s conveyancers, property agents or indeed all three taking into account what has gone on in your conveyancing as of today.
I am purchasing a property in Badminton. One unusual aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Principality your lawyer must comply with the conveyancing requirements contained in Section two of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to Principality where a lease fails to satisfy these specifications. The conditions relate to the installation of panels on properties countrywide and is not restricted to Badminton.
I currently have a mortgage with Barclays for my property in Badminton. Conveyancing was finalised 12 months 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 Barclays?
Your original mortgage agreement with Barclays will provide that you need their approval before renting your property as this is likely to be a breach of Barclays’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 Barclays directly. You need not do this via a Barclays conveyancing panel solicitor.
Nationwide have agreed my mortgage in principle, my offer on a house in Badminton has been agreed to, what are the next steps?
Your property agent will need to be informed of your property lawyer's details (be sure the lawyers are on the bank’s panel). Call up Nationwide or the broker and finalise any outstanding forms. Nationwide will instruct a valuer who will get in touch with the selling agent or vendor to book a slot for the valuation to happen. Once conducted (assuming no problems) it takes approximately a week to get a mortgage offer. Nationwide will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Badminton.
I am looking for a flat up to £235,500 and found one near me in Badminton I like with open areas and station in the vicinity, however it only has 52 years on the lease. There is not much else in Badminton for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
My husband and I are new on the property ladder - had an offer accepted, but the property agent informed us that the owners will only proceed if we use the agent's chosen solicitors as they want an ‘expedited deal’. We would rather use a local conveyancer accustomed to conveyancing in Badminton
We suspect that the seller is not behind this requirement. Should the seller want ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Badminton conveyancing lawyers - rather thanthose that will give the estate agent a commission or meet his conveyancing targets demanded by senior management.
My conveyancer in Badminton is asking me for proof of ID documents asserting that this is part of his requirements as a conveyancer on the lender Solicitor panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Badminton conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that the bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements