We are about to sign contracts for a semi detached house in Mountsorrel. We have hit a stumbling block. The mortgage offer with Virgin Money expires on 5/11/2025 but the vendors are putting forward a completion date of 7/11/2025. Can one extend the mortgage offer?
The person best placed to address this question is your lawyer who will calculate if they should be discussing with the mortgage broker, vendor’s representatives, selling agents or indeed all parties taking into account the history of your transaction to date.
How up to date is your database of Mountsorrel solicitors on the Barclays conveyancing panel? Do Barclays send you an updated list?
Mountsorrel conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
Have just purchased a repossessed house at auction in Mountsorrel. Conveyancing is necessary. What happens now?
Now that you are legally bound yourself to purchase you now have to choose a conveyancing solicitor quickly as you are faced with a fast approaching deadline in which to complete the deal. All auction property will ordinarily have a bespoke auction pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You must hand this to your appointed conveyancing solicitor as soon as possible. Do make sure that you have funds organised to complete on the date specified in the contract.
Forgive me if this question is silly but I am wet behind the ears as a first time buyer of a garden flat in Mountsorrel. Do I receive the keys to the premises on the completion date from my conveyancer? If so, I will find a local conveyancing solicitor in Mountsorrel?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the seller's conveyancers, and once they have received this, you should be invited to receive the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
I'm at the point of viewing flats in Mountsorrel and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with Santander.
It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are seeking a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
It has been five months since my purchase conveyancing in Mountsorrel took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been advised by two or three local selling agents in Mountsorrel to get a quote from a solicitor using your seach tool. What’s the financial inducement for Estate Agents to promote your services rather than a competitor’s?
We refuse to give any referral fee for directing people our way. We thought it would be too underhand a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I am thinking of appointing a conveyancing practitioner in Mountsorrel for my house move. Can I see a solicitor's record with the legal regulator?
One may read presented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.