We are a couple about to exchange contracts for a ground floor flat in Knightsbridge. We have hit a stumbling block. The mortgage offer with Bank of Scotland runs out on 28/10/2026 but the sellers are insisting on a completion date of 30/10/2026. Is it possible to prolong the loan expiry date?
The person best placed to address this question is your lawyer who should assess if they better off negotiating with the mortgage broker, seller’s representatives, estate agents or indeed all parties taking into account what has happend in your conveyancing to date.
We are planning to acquire a house and need a conveyancing solicitor in Knightsbridge who is on the Kent Reliance conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Knightsbridge.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would much rather instruct a Knightsbridge based conveyancing firm?
You should check but the the likelihood is that allocate you one of their panel lawyers if you want the "fee-free" deal. Contact the bank and see if they offer you a monetary alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Knightsbridge.
When it comes to mortgage companies such as Santander, do Knightsbridge conveyancing practitioners incur an annual charge to be on the list of approved solicitors?
We are unaware of any lender fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
The formalities of my purchase has taken place for my property in Knightsbridge. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I was told three weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Knightsbridge is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Knightsbridge I like with open areas and railway links nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Knightsbridge for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the remaining unexpired lease term may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am thinking of appointing a conveyancing practitioner in Knightsbridge for my home move. Can I see a firm’s complaints history with the legal regulator?
Anyone may read published Solicitor Regulator Association (SRA) decisions resulting from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA may recorded call for training purposes.