We were just about to sign contracts for a freehold house in Consett. We have hit a snag. The loan offer with Lloyds TSB Bank runs out on 25/7/2025 but the sellers are suggesting a completion date of 29/7/2025. Is it possible to extend the mortgage expiry date?
The best person to deal with your issue is your lawyer who is in a position to assess if he or she is better off negotiating with the bank, seller’s solicitors, selling agents or possibly all three based on the history of your house move as of today.
What is the first thing I need to know regarding purchase conveyancing in Consett?
Not many law firms or advisers will tell you this but conveyancing in Consett or throughout County Durham is often a confrontational experience. In other words, when it comes to conveyancing there exists an abundance of opportunity for conflict between you and other parties involved in the house moving process. E.g., the seller, selling agent and sometimes the mortgage company. Selecting a solicitor for your conveyancing in Consett an important selection as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to protect your best interests and to keep you safe.
We are witnessing a distinct creep in the "blame" culture- someone has to be blamed for the process taking so long. We recommend that you your first instinct should be to trust your lawyer ahead of all other parties when it comes to the legal transfer of property.
I am purchasing a house and require a conveyancing solicitor in Consett who is on the Aldermore conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Aldermore in certain locations such as Consett. We dont recommend any particular firm.
is it true that all Consett solicitor firms on the Lloyds conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Lloyds approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel and in such a situation the organisation would be overseen by the CLC.
We had selected conveyancers based in Consett on the Lloyds solicitor approved list. They are now charging me a separate sum for handling the Lloyds mortgage. Is this a supplemental conveyancing fee specified by Lloyds?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your solicitor may charge a fee for this. The charge is not dictated by Lloyds but by your Consett property lawyer. Numerous firms on the Lloyds panel will quote ’dealing with mortgage’ fee but some practices include it on their overall fee.
How can we tell if a Consett conveyancing solicitor on the Nationwide panel is any good?
When it comes to conveyancing in Consett obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the solicitor handling your transaction.
I need some quick conveyancing in Consett as I am under a deadline to complete in less than 3 weeks. Fortunately I do not need a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you have the choice not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Consett the following are instances of issues that can crop up and therefore impact future saleability: Enforcement Notices, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
How does the Landlord & Tenant Act 1954 impact my business offices in Consett and how can you help?
The particular law that you refer to gives a safeguard to business lessees, granting the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and assist with commercial conveyancing in Consett