We were just about to sign contracts for a freehold house in Crewkerne. We encountered a stumbling block. Our mortgage offer with TSB runs out on 18/6/2025 but the owners are insisting on a completion date of 20/6/2025. Is it possible to extend the mortgage offer?
The person best placed to deal with your issue is your solicitors who will assess if they corresponding with the mortgage broker, seller’s solicitors, selling agents or possibly all three based on the circumstances your transaction to date.
Having sold my house in Crewkerne last November yet the purchaser is SMS messaging every few hours to say her lawyer needs to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your lawyer should deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Where appropriate, your conveyancer should also evidence that the mortgage has been redeemed to the buyers lawyers. There is unlikely to be post completion tasks unique to conveyancing in Crewkerne.
I am buying a terraced house in Crewkerne. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Crewkerne you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Crewkerne.
Will my lawyer be asking questions about flooding during the conveyancing in Crewkerne.
The risk of flooding is if increasing concern for solicitors carrying out conveyancing in Crewkerne. Plenty of people will acquire a house in Crewkerne, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the property. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to give advice on flood risk, however there are a number of checks that can be undertaken by the purchaser or on a buyer’s behalf which should figure out the risks in Crewkerne. The standard property information forms given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the seller to find out if the property has suffered from flooding. In the event that flooding has previously occurred which is not notified by the owner, then a purchaser could commence a legal claim for losses as a result of such an inaccurate response. A purchaser’s lawyers should also conduct an environmental report. This will higlight whether there is a recorded flood risk. If so, more detailed investigations will need to be carried out.
What does commercial conveyancing in Crewkerne cover?
Crewkerne conveyancing for business premises covers a broad array of guidance, given by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My husband and I are FTB’s - agreed a price, yet the agent informed us that the seller will only go ahead if we instruct the agent's recommended lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a local solicitor who is accustomed to conveyancing in Crewkerne
It is unlikely the sellers are behind this. If they want ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Try to communicate with the vendors directly and make sure they comprehend that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you intend to use your own,trusted Crewkerne conveyancing solicitors - as opposed tothose that will earn their negotiator at the agency a kickback or hit his conveyancing targets set by head office.