We were just about to exchange contracts for a freehold house in Ilfracombe. We encountered a snag. Our mortgage offer with Accord Mortgages Ltd expires on 27/4/2026 but the owners are putting forward a completion date of 29/4/2026. Can one extend the mortgage offer?
The best person to deal with your question is your solicitors who is in a position to calculate whether they corresponding with the lender, seller’s representatives, estate agents or indeed all three based on the circumstances your conveyancing as of today.
I have just over seventy years unexpired on my lease and require a lease extension for my flat in Ilfracombe. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/2/2026 the requirements read as follows :
I am purchasing a new build house in Ilfracombe with the aid of help to buy. The builders refused to budge the price so I negotiated £7000 of extras instead. The property agent suggested that I not reveal to my lawyer about this side-deal as it would jeopardize my loan with Nottingham Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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 opted to have a survey completed on a house in Ilfracombe before instructing solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not grant a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ilfracombe. Conveyancing will be smoother if you use a solicitor in Ilfracombe especially if they are familiar with such properties in Ilfracombe.
Is it simple use the search app to get a quote from a conveyancing solicitor in Ilfracombe on the approved list for my lender?
1st choose a mortgage company such as Barclays , Barnsley Building Society or Barclays Direct then choose your location for instance Ilfracombe. Conveyancing organisations in Ilfracombe and nationally will then be shown.
My solicitors in Ilfracombe have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the bank directly.