We were just about to sign contracts for a ground floor flat in Edgware. We encountered a problem. Our loan offer with Santander expires on 28/9/2026 but the sellers are insisting on a completion date of 30/9/2026. Can one extend the mortgage expiry date?
The best person to address this question is your lawyer who is in a position to determine if they better off negotiating with the bank, seller’s lawyers, estate agents or conceivably all parties based on what has happend in your house move as of today.
I'm the only beneficiary of my late father’s estate and I have everything in my name now, including the my former home in Edgware. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I do know about the CML six month 'rule', meaning my proprietorship may be considered the same way as if I'd bought the house in June. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some mortgage companies would take a practical view as this provision is chiefly there to capture subsales or the wholesaling and assigning of properties.
My husband and I have arranged the release of further monies on our mortgage from Yorkshire BS as we wish to conduct improvements to our property in Edgware. Are we obliged to select a local Edgware solicitor on the Yorkshire BS conveyancing panel to deal with the legals?
Yorkshire BS don't usually appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
I had a mortgage agreed in principle with Leeds Building Society. Edgware conveyancing solicitors were instructed. How long does it take for Leeds Building Society to send the offer to the conveyancer?
Some lenders take longer than others. Have Leeds Building Society conducted the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I used Arc property Solicitors a few years past for my conveyancing in Edgware. Now, I need the documents however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Edgware 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.
How does conveyancing in Edgware differ for new build properties?
Most buyers of new build or newly converted property in Edgware come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is completed. This is because developers in Edgware usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Edgware or who has acted in the same development.
How do I identify a Edgware solicitor on the Halifax conveyancing panel? I drive a motor bike and am willing to travel upto 25miles to meet the conveyancer.
You can use the facility on this page. Please select a bank and your location and you will see a number of Edgware conveyancing lawyers based on proximity. We have listed some Edgware conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Halifax approved list
I am planning to acquire a property and require a conveyancing solicitor in Edgware who is on the bank solicitor panel. Could you point me in the right direction as regards a Edgware conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Edgware. We dont recommend any particular solicitor.