We were just about to exchange contracts for a property in Bilborough. We have hit a snag. The mortgage offer with Halifax runs out on 14/1/2026 but the sellers are insisting on a completion date of 16/1/2026. Is it possible to prolong the mortgage offer?
The best person to address this question is your solicitors who is in a position to assess whether he or she is better off negotiating with the mortgage company, vendor’s solicitors, estate agents or conceivably all parties given the circumstances your conveyancing as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Bilborough? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Bilborough. However these days you will not be able to proceed with any conveyancing deal in the absence submitting evidence of your identity. This usually takes the form of a either your passport or driving licence and a bank statement. Remember if you are providing your driving licence as proof of identification it must be both the paper part as well as the photo card part, one is not sufficient without the other.
Verification of your source of monies is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer will need to retain this information on record. Your Bilborough conveyancing solicitor will require evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask further queries regarding the source of monies.
Our mortgage company has recommended solicitors on their panel based in Bilborough but I would rather use a conveyancing lawyer in Bilborough local to me. Can you help?
The minority of Bilborough conveyancing firms are approved and listed on all banks conveyancing panel. Use the above search tool to find a Bilborough conveyancing conveyancer on the on the bank panel.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who did the conveyancing in Bilborough 5 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your conveyancer should know precisely where to locate all the suitable documentation so you can purchase or dispose of your property without a hitch. If duplicates can’t be located, your lawyer may be able to put in place insurance or indemnities protecting you against possible claims on the property.
I am purchasing my first flat in Bilborough with a mortgage from Clydesdale. The builders would not move on the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not disclose to my lawyer about this side-deal as it will adversely affect my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I'm refinancing my primary house to a BTL loan with Yorkshire Building Society and I will use the ballance of the raised equity towards a second house. The neighborhood we are interested in is Bilborough. Will your solicitors be able to act for the two lenders and link together the two deals?
Make use of our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Having checked that they are the conveyancer should be able to simultaneously deal with the two transactions but you should talk with you solicitor and make apparent your expectations and requirements.