We were just about to exchange contracts for a freehold house in Bromborough. We have hit a problem. Our mortgage offer with Lloyds TSB Bank expires on 9/3/2026 but the vendors are insisting on a completion date of 11/3/2026. Can one extend the mortgage offer?
The person best placed to address this issue is your conveyancer who should assess if they corresponding with the mortgage broker, vendor’s conveyancers, selling agents or conceivably all three taking into account the history of your house move to date.
Is it necessary to take out insurance to cover chancel repairs when purchasing a property in Bromborough?
Unless a prior purchase of the house took place after 12 October 2013 you may take it that solicitors carrying out conveyancing in Bromborough to continue to suggest a chancel search and or chancel repair liability insurance.
Due to the guidance of my in-laws I had a survey completed on a house in Bromborough in advance of retaining solicitors. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies may not grant a loan on this type of property.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bromborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bromborough to see if the conveyancing costs will increase in light of this.
I'm converting the mortgage on my existing house to a buy to let loan with Godiva Mortgages Ltd and I will use the rest of the raised equity as a deposit on further property. The area we are interested in is Bromborough. Will your lawyers be able to act for the two banks and tie in the two deals?
Make use of our search tool on this site to be sure that the conveyancers are approved by both mortgage companies. Having checked that they are the lawyer will be able to simultaneously deal with the two transactions but you should talk with you lawyer and specify your expectations and needs.
My brother has suggested that I use his lawyers for conveyancing in Bromborough. Do I follow his guidance?
Much as we are happy to recommend a Bromborough conveyancing lawyer the ideal way to choose a conveyancing practitioner is to get recommendations from friends or family who have previously instructed the solicitor that you are contemplating using.
Why is New Build conveyancing in Bromborough more expensive?
Acquiring a brand new property is significantly different from the standard house purchase conveyancing in Bromborough. Firstly sellers normally demand contracts to exchange very quickly, the result being a a great deal of pressure on your conveyancing practitioner to make sure all is in order. Furthermore new build properties frequently involve examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage lender obligations are also more demanding. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.