We are about to sign contracts for a property in Long Buckby. We have hit a problem. Our mortgage offer with The Mortgage Works expires on 2/2/2026 but the vendors are putting forward a completion date of 4/2/2026. Is it possible to prolong the loan offer?
The best person to deal with your issue is your conveyancer who will hopefully determine if he or she is corresponding with the mortgage company, vendor’s lawyers, estate agents or indeed all three given what has happend in your house move as of today.
When can the exchange of contracts happen for sale conveyancing in Long Buckby and do I need to attend the conveyancers office?
If you are in close proximity to one of the conveyancing solicitors in Long Buckby you are welcome to attend to sign contracts. That being said, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you electronically. The executing of the purchase agreement is not the point of no return. Signing on the dotted line is just a prerequisite for the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Long Buckby)to be in the office available at the end of the phone to exchange contracts.
I have been told that property searches are the main cause of hinderance in Long Buckby house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Long Buckby.
I'm buying my first flat in Long Buckby with a mortgage from Virgin Money. The builders would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not reveal to my lawyer about the side-deal as it could adversely affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Is it possible to switch firm as I have to instruct a firm on the Barclays conveyancing list. I was using a high street conveyancing solicitor in Long Buckby five minutes from me but she is not accepted by Barclays
It would be our pleasure to assist you select a conveyancing solicitor in Long Buckby on the Barclays panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Long Buckby. In utilising the find a conveyancing solicitor tool on this website, you can compare fees for conveyancing solicitors in Long Buckby and throughout England and Wales.
Do lenders provide you with an approved list of Long Buckby solicitors? How do you know who is on the bank conveyancing panel?
Long Buckby firms and firms carrying out conveyancing in Long Buckby themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the lender directly.