We are about to sign contracts for a semi detached house in Brentford. We encountered a stumbling block. The loan offer with Britannia runs out on 22/4/2025 but the owners are putting forward a completion date of 24/4/2025. Can one extend the loan offer?
The person best placed to deal with your question is your conveyancer who should calculate whether he or she is corresponding with the bank, owner’s representatives, selling agents or indeed all parties given the circumstances your transaction to date.
My partner and I have arranged the release of further monies on our mortgage from Nottingham as we want to carry out improvements to our property in Brentford. Are we obliged to select a local Brentford solicitor on the Nottingham conveyancing panel to deal with the legals?
Nottingham would not normally instruct a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham conveyancing panel.
I am currently in the process of buying my council flat in Brentford. I have a mortgage agreed with Coventry BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Brentford bank branch on a couple of occasions and was told they are content with the situation and they will lend. My Brentford conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they would not lend based on their specific requirements. Who do I believe?
Provided that the property lawyer is on the mortgage company approved list, she or he must adhere to the Council of Mortgage Lenders’ Handbook provisions 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 bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am buying a new build house in Brentford benefiting from help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not reveal to my lawyer about this side-deal as it could 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Brentford before appointing solicitors. I have been informed that there is a flying freehold element to the property. The surveyor has said that some mortgage companies will refuse to give a mortgage on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Brentford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brentford to see if the conveyancing costs will increase in light of this.
Is it simple use your search facility to find a conveyancing solicitor in Brentford on the panel for my bank?
Step one is to select a lender such as Santander, The Mortgage Works or Britannia then specify your location for example Brentford. Conveyancing organisations in Brentford and across England and Wales should be shown.
Been reading online that Brentford solicitors are more expensive than licensed conveyancers in Brentford when it comes to purchasing a house. Am I better off using a conveyancer or a solicitor if I am purchasing for my home move in Brentford.
When it comes to conveyancing in Brentford the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.