We are a couple about to sign contracts for a freehold house in Bowes Park. We encountered a problem. Our loan offer with Norwich and Peterborough Building Society runs out on 29/8/2025 but the vendors are putting forward a completion date of 2/9/2025. Is it possible to prolong the mortgage offer?
The person best placed to address this issue is your lawyer who will hopefully determine whether he or she is should be discussing with the mortgage company, vendor’s lawyers, selling agents or possibly all parties taking into account what has happend in your conveyancing as of today.
We are purchasing a house and need a conveyancing solicitor in Bowes Park who is on the Virgin Money approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Bowes Park.
I am assisting my aunt sell her flat in Bowes Park. Does the solicitor arrange the energy assessment or should I organise this?
Following the demise of Home Packs, EPC’s became a compulsory part of moving property. An EPC must be to hand in advance of the property being marketed. This is not something that conveyancers ordinarily organise. Where you are instructing a Bowes Park conveyancing lawyer they may help arrange energy assessments given their contacts with long established local accredited person
I am due to move property in August. Does my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Bowes Park. Conveyancing lawyer was chosen prior to coming across this page.
On the day of completion you can collect the house keys from your selling agent but this can only happen when the sellers solicitors advise the agent that the monies to complete are in and the keys can be collected. After that you will need to advise the removal company that you are ready to move in. We are not in a position to recommend a particular removal organisation but can help you locate a conveyancing in Bowes Park or a lawyer with expertise in conveyancing in Bowes Park.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Bowes Park building society branch on numerous occasions and was told it does not impact the mortgage offer and they will lend. My Bowes Park conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
The property lawyer must follow the CML Handbook Part 2 conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
4 months have gone by following my purchase conveyancing in Bowes Park concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 property 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.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one close by in Bowes Park I like with a park and transport links nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Bowes Park for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Is it simple use the search facility to get a quote from a conveyancing solicitor in Bowes Park on the authorised to act for my bank?
First pick a bank such as Lloyds TSB Bank, Coventry Building Society or Clydesdale then choose your preferred area e.g. Bowes Park. Conveyancing organisations in Bowes Park and nationally will then be listed.