We were just about to sign contracts for a property in Hurstpierpoint. We have hit a stumbling block. The mortgage offer with Britannia runs out on 26/8/2025 but the vendors are insisting on a completion date of 28/8/2025. Can one extend the mortgage expiry date?
The best person to address this question is your lawyer who is in a position to assess whether they should be discussing with the bank, seller’s conveyancers, selling agents or indeed all parties based on what has happend in your transaction as of today.
Please explain the implications if my lawyer’s firm is expelled from the TSB Conveyancing panel ahead of completing my conveyancing in Hurstpierpoint?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
This question may be naive but I am unseasoned as a 1st time purchaser of a ground floor flat in Hurstpierpoint. Do I collect the keys to the house on the completion date from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Hurstpierpoint?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you should be called to pick up the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
I am planning to move home in August. Does my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you recommend a removal company in Hurstpierpoint. Conveyancing firm was chosen before I stumbled across this site.
On the afternoon of completion you will need to collect the house keys from the selling agent but this can only happen when the sellers conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you should advise the removal company that you are ready to move in. We do not suggest a particular removal company but can help you locate a residential property solicitor in Hurstpierpoint or a lawyer that specialises in conveyancing in Hurstpierpoint.
Virgin Money have agreed my mortgage in principle, my offer on a property in Hurstpierpoint has been accepted, what are the next steps?
Your property agent will wish to be informed of your conveyancer's details (be sure the solicitors are on the lender’s panel). Telephone Virgin Money or the broker and finish off any appropriate forms. Virgin Money will appoint a valuer who will get in touch with the selling agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Virgin Money will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hurstpierpoint.
I need some expedited conveyancing in Hurstpierpoint as I am under a deadline to complete in less than 2 weeks. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a cash buyer you have the choice not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Hurstpierpoint the following are instances of issues that can show up and adversely affect the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
I am looking for a flat up to £305k and found one close by in Hurstpierpoint I like with open areas and station in the vicinity, however it's only got 49 remaining years left on the lease. There is not much else in Hurstpierpoint suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage that many years may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I am looking to sell my house. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Hurstpierpoint if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Hurstpierpoint. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.