We are a couple about to exchange contracts for a semi detached house in Fishponds. We have hit a stumbling block. The loan offer with Skipton Building Society runs out on 23/3/2026 but the vendors are suggesting a completion date of 25/3/2026. Can one extend the loan expiry date?
The person best placed to deal with your question is your solicitors who is in a position to determine if they corresponding with the bank, vendor’s representatives, selling agents or possibly all three based on the history of your transaction to date.
We see that you have a search directory listing firms on the Santander conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Fishponds?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Fishponds.
we are a couple who are hoping to buy a newbuild apartment in Fishponds with a residential mortgage from Santander.We would like to retain our Fishponds conveyancing practitioner but Santander informed us his firm is not listed on their "panel". We have to appoint a Santander panel lawyer or keep our high street solicitor and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage issued to you contains various provisions, a common one being that solicitors will be on the Santander approved list. Until recently, most banks had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Santander
Will my conveyancer be asking questions about flooding during the conveyancing in Fishponds.
The risk of flooding is if increasing concern for lawyers dealing with homes in Fishponds. Plenty of people will purchase a house in Fishponds, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or sell the premises. Steps can be carried out during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a numerous checks that may be carried out by the buyer or by their solicitors which will give them a better understanding of the risks in Fishponds. The standard completed inquiry forms supplied to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the owner to determine whether the property has historically flooded. In the event that the property has been flooded in past which is not revealed by the owner, then a buyer could commence a claim for damages resulting from an inaccurate response. The purchaser’s solicitors should also conduct an enviro search. This should disclose if there is a recorded flood risk. If so, additional inquiries will need to be made.
My company is wishing to take over a lease of an office on a shopping parade. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Fishponds for under 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Fishponds, including the disposal and acquisition of businesses as well as simply property. If you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the costs these will vary based on the structure and heads of terms of the proposed transaction. Let us have your details or telephone us so that we can supply you with comprehensive commercial conveyancing quote.
Me and my fiance have recently had an offer accepted on a property and had an appointment on Wednesday with Nationwide for the mortgage. They warned us that when it comes to appointing a conveyancer that if they are not on their approved panel of lawyers then we will incur an additional fee of about two hundred pounds. This is because they will then have to select a property lawyer to act on their behalf in addition to the one we choose to act on our behalf and we are liable for their invoice. I have asked Nationwide to supply me with a list so I can seek estimates only from their approved conveyancers but was told that I need to check with each individual solicitor to see if they are on the panel. What would be the best way of going about this?
You can enquire of Nationwide what their criteria for joining their panel is for a solicitor.Thereafter ask the solicitor of your choice whether they fit that criteria and have they acted on mortgages for Nationwide before. Where the answer to those is yes, then just clarify this with Nationwide. Alternatively please make use of our search facility and we may be able to find you a solicitor in Fishponds on the approved list for Nationwide.