We were just about to sign contracts for a semi detached house in Norbury. We have hit a stumbling block. Our loan offer with Barnsley Building Society expires on 11/3/2025 but the vendors are insisting on a completion date of 13/3/2025. Is it possible to extend the loan offer?
The best person to deal with your issue is your conveyancer who will calculate if he or she is better off negotiating with the bank, seller’s solicitors, property agents or indeed all three given the circumstances your transaction to date.
I am selling my house in Norbury. Does the lawyer need to be on the Nationwide conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
I have recentlyfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Norbury for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Norbury conveyancing specialists.
I'm purchasing my first flat in Norbury benefiting from help to buy. The sellers refused to budge the amount so I negotiated 6k of extras instead. The sale representative told me not to tell my lawyer about this deal as it may put at risk my loan with the lender. 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.
I am looking into buying my first house which is in Norbury and I am already nervous. I couldn't find anything specific about Norbury. Conveyancing will be needed in due course but do you know about the Norbury area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Norbury. In the meantime here are some basic statistics that we found
My brother has encouraged me to appoint his conveyancers in Norbury. Should I find my own conveyancer?
There are no two ways about it the best way to find a conveyancing lawyer is to have recommendations from friends or family who have experience in using the firm you're contemplating using.