We were just about to exchange contracts for a ground floor flat in Bishops Cleeve. We have hit a snag. Our mortgage offer with Nottingham Building Society expires on 11/1/2027 but the sellers are putting forward a completion date of 13/1/2027. Is it possible to extend the mortgage expiry date?
The person best placed to address this concern is your conveyancer who will hopefully determine if they should be discussing with the bank, seller’s solicitors, estate agents or indeed all parties based on the history of your transaction to date.
My lender has recommended a law firm on their panel based in Bishops Cleeve but I would rather use a conveyancing lawyer in Bishops Cleeve local to me. Can you assist?
Far from all Bishops Cleeve conveyancing solicitors are on all lender’s conveyancing panel. Do make use of the above find an approved solicitor tool to choose a Bishops Cleeve conveyancing firm on the on the mortgage company panel.
We are getting a further advance on our mortgage from Coventry BS as we wish to conduct renovations to our house in Bishops Cleeve. Do we need to choose a bricks and mortar Bishops Cleeve solicitor on the Coventry BS conveyancing panel to handle the legals?
Coventry BS 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 Coventry BS conveyancing panel.
I have paid off my mortgage with UBS. I assume I don't need a Bishops Cleeve conveyancer on the UBS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I currently have a mortgage with TSB for my property in Bishops Cleeve. Conveyancing was finalised a year ago. Should I wish 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 TSB?
Your original mortgage agreement with TSB will provide that you need their approval before letting out your property as this is likely to be a breach of TSB’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 TSB directly. You need not do this via a TSB conveyancing panel firm.
It has been 4 months since my purchase conveyancing in Bishops Cleeve took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 premises 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 have been advised by a couple of local property agents in Bishops Cleeve to locate a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to promote your site rather than another?
We refuse to offer any commission for directing people to this site. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I have been recommended a conveyancing solicitor in Bishops Cleeve. I I would like to check if they are listed on the lender's approved list of lawyers. Could you help?
You should contact the conveyancer to enquire if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. If they are not on the bank panel we we can help find a quality conveyancing solicitor in Bishops Cleeve on the approved list for your lender.