We are about to exchange contracts for a garden flat in Brandesburton. We encountered a snag. Our mortgage offer with Britannia expires on 9/9/2025 but the owners are suggesting a completion date of 11/9/2025. Can one extend the loan offer?
The best person to address this concern is your solicitors who will calculate if he or she is corresponding with the lender, seller’s conveyancers, property agents or indeed all three given the history of your conveyancing to date.
Can your site be used to recommend a Conveyancing solicitor in Brandesburton even if I’m not buying or disposing of a house, for instance if I want to buy an office in Brandesburton with a mortgage from HSBC Bank?
Our search tool is predominantly there to find domestic conveyancing solicitors in Brandesburton but we have recorded at the end of this page some Brandesburton commercial conveyancing firms. You should enquire with the company directly to check if they are also authorised to represent HSBC Bank
Having spent time reading consumer advice sites for an online lawyer in Brandesburton, most post that I must instruct a CQS kitemarked solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home ownership transfers, trusted by some of the UK's major mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). CQS is not a scheme offered by the Society for Licensed Conveyancers. Brandesburton is one of the many areas of the UK where there are Accredited lawyers.
We are purchasing a property in Brandesburton. I might seem paranoid but how we can trust a lawyer? At some point we have to deposit money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
is it true that all Brandesburton solicitor firms on the TSB conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many banks do list licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
It is unclear whether my lender requires a lease extension. I have called into my local Brandesburton bank branch on various occasions and was told they are content with the situation and they will lend. My Brandesburton conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Provided that the solicitor is on the lender panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook requirements for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company 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.
My friend recommended that if I am purchasing in Brandesburton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Brandesburton conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Brandesburton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Brandesburton Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Brandesburton.
How does conveyancing in Brandesburton differ for newly converted properties?
Most buyers of new build residence in Brandesburton contact us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Brandesburton tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Brandesburton or who has acted in the same development.