We were just about to sign contracts for a leasehold flat in Hackney Marshes. We encountered a problem. Our loan offer with Clydesdale expires on 11/11/2025 but the owners are putting forward a completion date of 13/11/2025. Is it possible to prolong the loan offer?
The person best placed to deal with your concern is your solicitors who is in a position to calculate if he or she is better off negotiating with the lender, vendor’s conveyancers, selling agents or conceivably all three given what has happend in your transaction as of today.
Various online forums that I have frequented warn that are a common cause of obstruction in Hackney Marshes house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Hackney Marshes.
The deeds to our house can not be found. The conveyancers who handled the conveyancing in Hackney Marshes 4 years ago no longer exist. What do I do?
In today’s world there are copies made of almost everything, and your conveyancer should know precisely where to find all the suitable paperwork so you can buy or dispose of your house without a hitch. If copies can’t be located, your conveyancer can put in place insurance or indemnities protecting you against future claims on your property.
I am buying a new build house in Hackney Marshes with a loan from Nottingham Building Society. The developers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not inform my conveyancer about this extras as it would put at risk my loan with Nottingham Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I'm refinancing my current house to a BTL loan with The Royal Bank of Scotland and I will use the rest of the raised equity as a deposit on a second property. The neighborhood we are interested in is Hackney Marshes. Will your conveyancers be able to act for the two lenders and tie in the two deals?
Do use our comparison tool on this site to check that the lawyers are on the appropriate lender panels. On the basis that they are the conveyancer should be able to connect the two deals but you should have a chat with you solicitor and communicate your expectations and needs.
We are four weeks into a leasehold purchase having been directed to conveyancers by the high street agent to handle our conveyancing in Hackney Marshes. We are not happy. Can you you assist me in finding new lawyers?
They would need to be really bad to suggest diss instructing them. Has your loan offer been generated? In the event that it has you need to make them aware of the new solicitor and ensure the loan are re-sent. The conveyancer needs to be on the mortgage company approved list to avoid added costs and frustration. So that should be your first question of the new solicitors. The search tool should help you find a bank approved conveyancer for your home move in Hackney Marshes