We were just about to sign contracts for a property in Croxley Green. We have hit a stumbling block. The loan offer with Godiva Mortgages Ltd runs out on 13/3/2025 but the vendors are suggesting a completion date of 17/3/2025. Is it possible to prolong the loan expiry date?
The person best placed to deal with your question is your lawyer who will hopefully assess if they better off negotiating with the mortgage company, vendor’s solicitors, estate agents or conceivably all three given the history of your conveyancing as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Croxley Green? Is this really warranted?
You are right in these requests have nothing to do with conveyancing in Croxley Green. Nowadays you can not proceed with any conveyancing process without first supplying proof of your identity. 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 proof of ID it needs to be both the paper part as well as the photo card part, one is not acceptable in the absence of the other.
Evidence of the source of monies is required in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your lawyer will need to retain this information on record. Your Croxley Green conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask further questions regarding the source of funds.
I am considering applying for a Yorkshire BS mortgage for purchase of a new build (under development) in Croxley Green with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire BS ?
There is nothing to stop you using your solicitor, but Yorkshire BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Do I need to take out insurance to address the risk of chancel repairs when purchasing a property in Croxley Green?
Unless a previous purchase of the property took place after 12 October 2013 you could assume that conveyancing practitioners conducting conveyancing in Croxley Green to continue to advocate a chancel search and or insurance against a claim.
What does commercial conveyancing in Croxley Green cover?
Commercial conveyancing in Croxley Green covers a wide array of advice, given by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer 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 tenancies.
I am 17 days into a residential purchase having been directed to solicitors by the high street agent to do our conveyancing in Croxley Green. I am not happy. Could you help me find new solicitors?
A conveyancer would have to be very poor to suggest changing them. Has your mortgage been sent? If so you need to advise them of the new solicitor and have the offer are issued to the new lawyers. Your new conveyancer should be on the banks approved list to avoid supplemental charges and frustration. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your home move in Croxley Green