We were just about to sign contracts for a leasehold flat in Seven Kings. We have hit a stumbling block. The loan offer with Halifax runs out on 7/1/2025 but the sellers are putting forward a completion date of 9/1/2025. Can one prolong the mortgage expiry date?
The best person to deal with your issue is your lawyer who will hopefully determine if he or she is should be discussing with the mortgage broker, owner’s solicitors, estate agents or possibly all three given the circumstances your house move as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Seven Kings? Is this really warranted?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Seven Kings. However these days you will not be able to complete any conveyancing deal in the absence supplying evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Remember if you are supplying your driving licence as proof of ID it must be both the paper part and photo card part, one is not acceptable without the other.
Verification of the source of monies is required under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancing solicitor must have this information on file. Your Seven Kings conveyancing lawyer will require evidence of proof of funds prior to accepting any money from you into their client account and they will also ask additional queries regarding the source of funds.
We are planning to purchase with Melton Mowbray Building Society. I visited 3 or 4 high street practices but cant to find a Seven Kings conveyancing firm on the Melton Mowbray Building Society panel. Please you assist?
Feel free to take advantage of the search tool on this site. Please choose the lender and type Seven Kings or your location and you will be presented with a number of lawyer based in Seven Kings or by proximity to you.
Me and my partner are purchasing a flat in Seven Kings. I might seem paranoid but how we can trust a lawyer? On completion day we will need to deposit funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am currently in the process of buying my council flat in Seven Kings. I have a mortgage offer with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Principality have agreed my mortgage in principle, my bid on a flat in Seven Kings has been agreed to, what are the next steps?
The estate agent will want to be advised as to your conveyancer's details (ensure that the conveyancers are on the bank’s approved list). Telephone Principality or your financial adviser and finish off any appropriate forms. Principality will instruct a valuer who will get in contact with the selling agent or owners to book an appointment. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Principality will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Seven Kings.
How do I locate a Seven Kings law firm on the Platform Home Loans Ltd conveyancing panel? I am a keen cyclist and am prepared to travel upto 25kilometers to meet the conveyancer.
You can use the search on this website. Please choose the mortgage company and your location and you will see a number of Seven Kings conveyancing lawyers based on proximity. We have listed some Seven Kings conveyancing firms towards the end of this page and you can telephone them to check if they are on the Platform Home Loans Ltd approved list
Should one remove a departed person's details from the title deeds for a house in Seven Kings?
Where a Seven Kings property is jointly owned and one of the owners dies, the name will not immediately be removed from the Land Registry title. It is not necessary to amend the title as in the event of a disposal you would just be required to supply proof why the co owner is not a party to the transfer, usually this is in the form of a grant of probate.
With a view to making things simpler for the sale of the property you can arrange to have the deceased person erased from the title by submitting an application to HM Land Registry with evidence of the death. There is no land registry fee payable.