We were just about to sign contracts for a semi detached house in Catton. We encountered a snag. Our loan offer with Platform Home Loans Ltd expires on 3/6/2026 but the vendors are insisting on a completion date of 5/6/2026. Is it possible to extend the loan expiry date?
The person best placed to address this concern is your conveyancer who is in a position to determine whether they corresponding with the lender, owner’s conveyancers, property agents or conceivably all parties given the circumstances your house move as of today.
I own a freehold house in Catton yet pay rent, why is this and what is this?
It is rare for properties in Catton and has limited impact for conveyancing in Catton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I used Arc property Solicitors a few years ago for my conveyancing in Catton. I now require my papers but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Catton of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Catton with the aid of help to buy. The sellers would not reduce the price so I negotiated 6k of extras instead. The house builders rep told me not inform my lawyer about this side-deal as it could put at risk my mortgage with the bank. Is this normal?.
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.
I am four weeks into a residential purchase having been recommend to solicitors by the estate agent to handle our conveyancing in Catton. We are not happy. Can you help me find new solicitors?
A conveyancer would need to be very bad in order to consider changing them. Has the loan offer been issued? In the event that it has you must make them aware of the new contact details and ensure the offer are re-sent. Your solicitor ideally needs to be on the mortgage company approved list to avoid escalating costs and frustration. So that should be your first question of the new solicitors. Our find a solicitor tool can assist you in finding a lender approved solicitor for your home move in Catton
I am purchasing a house and cash is in place. My conveyancer has been handed with two separate evidence of photo ID, bank statement, numerous utility bills. Now he requires a copy from a probate lawyer advising that the funds are in place and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any Catton conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.