We were just about to exchange contracts for a semi detached house in Llanon. We have hit a problem. The mortgage offer with Virgin Money runs out on 8/7/2025 but the vendors are suggesting a completion date of 10/7/2025. Can one extend the mortgage offer?
The person best placed to address this question is your lawyer who will assess whether he or she is should be discussing with the lender, owner’s conveyancers, selling agents or indeed all parties taking into account the circumstances your house move to date.
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel lawyer as I would much rather appoint a Llanon based conveyancing firm?
You should check but the the likelihood is that appoint one of their panel solicitors where you want the "fee-free" offer. Speak to the bank and explore if they offer you a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Llanon.
We are downsizing from our house in Llanon and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Llanon conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a web based conveyancing practice rather than a conveyancing solicitor in Llanon. We have lived in Llanon for 5 years we know of no issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You need to 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 life insurance to cover that same illness)
Are there restrictive covenants that are commonly picked up as part of conveyancing in Llanon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Llanon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a house in Llanon in advance of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies will not give a loan on such a house.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Llanon. Conveyancing will be smoother if you use a solicitor in Llanon especially if they regularly deal with such properties in Llanon.
I am planning to acquire a property and need a conveyancing solicitor in Llanon who is on the bank conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who conduct conveyancing in Llanon. We dont recommend any particular solicitor.