We were just about to sign contracts for a property in Little Mill. We encountered a snag. The loan offer with Santander expires on 29/12/2026 but the sellers are insisting on a completion date of 31/12/2026. Is it possible to prolong the loan expiry date?
The best person to address this issue is your lawyer who will hopefully determine if he or she is corresponding with the bank, owner’s solicitors, selling agents or indeed all three taking into account the circumstances your transaction as of today.
Do the Building Society Association intend to launch a online directory to to identify law firms on the Darlington Building Society conveyancing panel for example in Little Mill?
Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.
We are intent on selling our house in Little Mill and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Little Mill. We have lived in Little Mill for 4 years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I used Stirling Law a few years past for my conveyancing in Little Mill. Now, I need the files however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Little Mill of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying my first flat in Little Mill benefiting from help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not to tell my conveyancer about the side-deal as it could impact my mortgage with The Royal Bank of Scotland. Do I keep my lawyer in the dark?.
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 UK Finance website. UK Finance 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 done on a house in Little Mill before instructing lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some lenders will refuse to issue a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Little Mill. Conveyancing may be slightly more expensive based on your lender's requirements.