We are a couple about to sign contracts for a ground floor flat in Robin Hoods Bay. We have hit a problem. The mortgage offer with Nationwide Building Society runs out on 18/3/2026 but the vendors are putting forward a completion date of 20/3/2026. Is it possible to extend the loan offer?
The person best placed to deal with your issue is your lawyer who will determine whether he or she is should be discussing with the mortgage broker, vendor’s lawyers, estate agents or indeed all parties given the circumstances your conveyancing to date.
In what way does my ID and proof of funds have anything to do with my conveyancing in Robin Hoods Bay? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Robin Hoods Bay. However these days you will not be able to proceed with any conveyancing deal without first submitting evidence of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Remember if you are providing your driving licence as evidence of identification it needs to be both the paper part as well as the photo card part, one is not satisfactory in the absence of the other.
Verification of the origin of monies is mandated in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancer must have this information on record. Your Robin Hoods Bay conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask additional questions regarding the source of monies.
My wife and I have recently appointed a conveyancing solicitor in Robin Hoods Bay. I I would like to check if they are accepted on the Yorkshire Building Society conveyancing panel. Can you help?
You should e-mail the solicitor and enquire whether they are on the lender panel. Alternatively you should call Yorkshire Building Society who may be able to help.
Just bought a terraced house in Robin Hoods Bay , What is the estimated time for the Land Registry to register the transfer to my name? My Robin Hoods Bay conveyancing solicitor has been painfully slow, so I want to check that my name is recorded.
As far as conveyancing in Robin Hoods Bay is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. At present approximately 80% of submission are completed in less than three weeks but occasionally there can be protracted delays. Registration occurs after the buyer is living at the premises thus post completion formalities is not usually top priority but if there is a degree of urgency associated with the registration then you or your conveyancer must speak with the land registry and explain the circumstances.
How does conveyancing in Robin Hoods Bay differ for new build properties?
Most buyers of new build residence in Robin Hoods Bay contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Robin Hoods Bay usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Robin Hoods Bay or who has acted in the same development.
Whilst your website is a good idea there are many lawyers listed near Robin Hoods Bay being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our lender?
We do not recommend specific Robin Hoods Bay firms as the right Robin Hoods Bay conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Robin Hoods Bay knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..