We were just about to exchange contracts for a ground floor flat in Powys. We encountered a stumbling block. The loan offer with HSBC Bank runs out on 8/1/2027 but the sellers are insisting on a completion date of 12/1/2027. Can one extend the mortgage expiry date?
The best person to deal with your issue is your lawyer who is in a position to assess if he or she is should be discussing with the mortgage broker, vendor’s solicitors, selling agents or indeed all parties based on the circumstances your conveyancing as of today.
It is is a decade since I bought my house in Powys. Conveyancing lawyers have now been appointed on the sale but I am unable to locate the deeds. Is this a major issue?
You need not be too concerned. First there is a possibility that the deeds will be kept by the mortgage company or they could stored with the conveyancers who oversaw the purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Powys involves registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
I have recentlyfound out that Wolstenholmes have been shut down. They conducted my conveyancing in Powys for a purchase of a freehold house 10 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The easiest way to see if the premises is registered to you, you can make 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 Powys conveyancing specialists.
How easy is it to swap solicitor as I have to choose a firm on the Lloyds TSB Bank conveyancing panel. I was using a local conveyancing solicitor in Powys five minutes from me but the firm is not accepted by Lloyds TSB Bank
It would be our pleasure to assist you select a conveyancing solicitor in Powys on the Lloyds TSB Bank panel. Please note that the law firms that we list do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Powys. In utilising the find a conveyancing solicitor tool on this site, you can scrutinise charges for conveyancing solicitors in Powys and beyond.
We're novice buyers - had an offer accepted, yet the selling agent has warned us that the seller will only proceed if we appoint their chosen solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Powys
It is unlikely the vendors are behind this. If they want ‘a quick sale', turning down a serious purchaser is likely to cause more damage than good. Contact the vendors directly and make the point that (a)you are motivated buyers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you intend to instruct your preferred Powys conveyancing lawyers - as opposed tothose that will provide the negotiator at the agency a commission or achieve conveyancing figures pre-set by head office.
I have read on numerous online forums that before choosing a conveyancing firm they must be approved by your lender. It happens to be my first house move but I have an offer in principle from Nat West Bank and I already have a family conveyancing solicitor in Powys lined up. Can HSBC insist on an approved lawyer to be selected? Does a list of panel solicitors even exist so I can pick a conveyancing solicitor in Powys?
You should instruct a solicitor that is on the HSBC panel. Just call your chosen Powys conveyancing solicitor and ask if they are on the HSBC panel. If they are not approved you have a couple of alternatives available to you here:
- Carry on with your preferred Powys property lawyer but HSBC will no doubt retain a conveyancing practitioner on their conveyancing panel. This will result in additional fees together with potential frustration.
- Appoint a fresh conveyancer to act in the purchase, obviously checking they are on the HSBC conveyancing panel.
- Appeal to your conveyancer to apply to join the lender panel.