We were just about to sign contracts for a property in Borth and Talybont. We encountered a problem. The loan offer with Skipton Building Society runs out on 8/9/2025 but the owners are insisting on a completion date of 10/9/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your issue is your solicitors who is in a position to determine whether he or she is corresponding with the bank, seller’s solicitors, selling agents or conceivably all three based on the history of your house move as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in Borth and Talybont? What am I being asked for?
To satisfy the Money Laundering Regulations any Borth and Talybont conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility account evidencing your correct address.
Under Money Laundering Regulations, conveyancers are duty bound to investigate not just the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this may lead to your conveyancer ending their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to make a disclosure to the relevant authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
Can you clarify what the consequences are if my solicitor is removed from the UBS Solicitor panel ahead of completing my conveyancing in Borth and Talybont?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Are there restrictive covenants that are commonly identified during conveyancing in Borth and Talybont?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Borth and Talybont. 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…’
Is it possible to switch conveyancer as I need to appoint a firm on the Barclays Direct conveyancing panel. I had appointed a family conveyancing solicitor in Borth and Talybont round the corner but he is not approved by Barclays Direct
We will our best to assist in finding you a conveyancing solicitor in Borth and Talybont on the Barclays Direct panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Borth and Talybont. In making use of the find a conveyancing solicitor tool on this website, you can scrutinise costs for conveyancing solicitors in Borth and Talybont and throughout England and Wales.
My friend mentioned that before selecting a conveyancing lawyer they need approved by your bank. I am first time buyer with but I have an offer in principle with Birmingham Midhshires and I already have a bricks and morter conveyancing lawyer in Borth and Talybont at the ready. Can Santander insist on an approved conveyancer to be selected? If so, where do I find that list for my conveyancing in Borth and Talybont?
You need to use a solicitor that is on the Santander panel. The first thing to do is call your preferred Borth and Talybont conveyancing lawyer and ask if they are on the Santander panel. If they are not on the panel you have numerous alternatives available to you here:
- Complete the purchase with your existing Borth and Talybont solicitor but Santander will undoubtedly appoint a conveyancer from their approved panel. The net impact is additional fees and likely frustration.
- Appoint a new conveyancer to conduct the conveyancing, not forgetting to check that they are on the Santander conveyancing panel.
- Appeal to your conveyancer to apply to join the lender panel.