I am buying property in Chaddesley Corbett. My lawyer has never been on on the mortgage company conveyancing panel. Can I still appoint my Chaddesley Corbett conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?
You have a number of alternatives open to you here
- Proceed with your existing Chaddesley Corbett solicitor but your lender will no doubt retain a conveyancing practitioner on their approved panel. The net result is additional charges and probable frustration.
- Appoint a new lawyer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to get accepted on the bank’s conveyancing panel
We were just about to exchange contracts for a semi detached house in Chaddesley Corbett. We encountered a stumbling block. Our loan offer with Godiva Mortgages Ltd expires on 6/5/2025 but the owners are insisting on a completion date of 8/5/2025. Can one prolong the mortgage expiry date?
The best person to deal with your issue is your solicitors who should determine whether he or she is should be discussing with the bank, seller’s solicitors, selling agents or conceivably all parties given the circumstances your house move as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Chaddesley Corbett? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing business. The Terms of Engagement that you need to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. If you are unwilling to hand over ID verification documents, your lawyer would not be able to act for you.
I purchased my house on 2 July and the transaction details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Chaddesley Corbett advises it should be dealt with in less than a month. Are transfers in Chaddesley Corbett uniquely lengthy to register?
There is nothing unique about conveyancing in Chaddesley Corbett registration formalities. Rather than based on location, timeframes can differ subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. At present approximately 80% of submission are completed within 12 days but some can be subject to longer delays. Historically registration is effected after the new owner has moved in to the property therefore post completion formalities is not usually top priority but where there is a degree of urgency associated with the registration then you or your conveyancer should speak with the land registry and explain the circumstances.
Due to the encouragement of my in-laws I had a survey completed on a house in Chaddesley Corbett ahead of retaining conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend not issue a loan on this type of premises.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chaddesley Corbett. Conveyancing will be smoother if you use a solicitor in Chaddesley Corbett especially if they are familiar with such properties in Chaddesley Corbett.
Am I best advised to use a Chaddesley Corbett conveyancing lawyer based in the area that I am hoping to buy? I have an old university friend who can execute the legal work however his firm is located 200miles away.
The benefit of a high street Chaddesley Corbett conveyancing firm is that you can pop in to sign paperwork, deliver your ID and apply pressure on them where appropriate. Having local Chaddesley Corbett know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and the majority were content that must trump using an unfamiliar Chaddesley Corbett conveyancing lawyer solely due to them being based in the area.