We are about to exchange contracts for a leasehold flat in Long Eaton. We encountered a problem. Our loan offer with Skipton Building Society runs out on 29/12/2025 but the owners are suggesting a completion date of 31/12/2025. Can one prolong the mortgage offer?
The person best placed to deal with your question is your solicitors who will hopefully assess if they corresponding with the lender, seller’s conveyancers, selling agents or indeed all three based on the circumstances your conveyancing to date.
Completed the sale of my flat in Long Eaton last March but our buyer keeps telephoning me to moan that his solicitor needs to hear from mine. What should my lawyer have done following completion?
Following your disposal your lawyer should send the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the home loan has been repaid to the buyers conveyancers. There is unlikely to be post completion steps peculiar conveyancing in Long Eaton.
We wanted to use a conveyancing solicitor in Long Eaton for our home move. Our financial adviser has since advised us that our mortgage lenders Bank of Ireland won't deal with them. Why is this not regarded as unfair competition?
Pre- 2008 most banks had an appetite for risk which was higher than today. Almost all Long Eaton conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 completed a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more data from law firms relating to their operations and the individuals who work for them and establishing certain criteria such a completing on a minimum amount of transactions. Many Long Eaton conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Long Eaton is one of the hundreds of locations where the solicitors we recommend are are approved Bank of Ireland.
I am downsizing from our property in Long Eaton and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Long Eaton conveyancer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing firm rather than a conveyancing solicitor in Long Eaton. We have lived in Long Eaton for six years we know that this is a non issue. Should we get in touch with our local Authority to get clarification need.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should check with 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 ailment)
We are 14 days into a freehold purchase having been recommend to conveyancers by the high street agent to do our conveyancing in Long Eaton. I am am starting to be dissatisfied with the quality of service. Could you help me find new lawyers?
A lawyer would have to be really poor to suggest changing them. Has the mortgage been generated? In the event that it has you will need to advise them of the new contact details and ensure the mortgage documents are re-sent. Your new conveyancer needs to be on the banks panel to avoid added costs and complications. That should be your first question of the new solicitors. The find a solicitor tool should assist you in finding a lender approved solicitor for your conveyancing in Long Eaton
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.