We are a couple about to sign contracts for a semi detached house in South Normanton. We encountered a problem. Our loan offer with Coventry Building Society expires on 1/12/2025 but the owners are insisting on a completion date of 3/12/2025. Can one extend the loan expiry date?
The best person to deal with your issue is your conveyancer who will hopefully determine whether they corresponding with the mortgage broker, seller’s lawyers, selling agents or indeed all three taking into account what has happend in your house move to date.
I had intended to instruct a conveyancing solicitor in South Normanton for our house move. Our financial adviser has since advised us that our mortgage company Bank of Scotland won't deal with them. Why is this not regarded as unduly restrictive?
A bank may direct that a panel solicitor act for it. You would be expected to meet the charges for this. Do use our tool to find a solicitor to carry conveyancing in South Normanton on the Bank of Scotland member panel.
My bid for a property was accepted at auction in South Normanton. Conveyancing is necessary. What are my next steps?
Given that you are now exchanged you should choose a conveyancing practitioner soon as you are faced with a fast approaching a drop dead date to complete the purchase. All auction property will have a bespoke auction set of papers. This will likely include evidence of title and search results. If you have purchased leasehold premises the auction pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You need to give this to the solicitor instructed by you ASAP. Do make sure that that you have the requisite funding in order to complete on the on the contractual date .
I have decided to exercise my right to buy my property in South Normanton off the council. I have a mortgage offer with Principality. 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 Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
The mortgage over my property is with Yorkshire BS for my property in South Normanton. Conveyancing has been completed 12 months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Yorkshire BS?
Your original mortgage agreement with Yorkshire BS will provide that you need their approval prior to renting your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. It may be that Yorkshire BS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. It should not be necessary to do this via a Yorkshire BS conveyancing panel solicitor.
We are close to exchanging contracts on the sale of our home in South Normanton and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street South Normanton conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in South Normanton. We have lived in South Normanton for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation need.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Given that I will soon spend hundreds of thousands of pounds on a house in South Normanton I would like to have a conversation with the conveyancer regarding thehouse move ahead of instructing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor who will be conducting your conveyancing in South Normanton.There is no ‘factory style conveyancing’ - each client is unique person, not a matter number. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in South Normanton should be the amount on the final invoice that you end up paying.
I pay a service charge for my first floor flat in South Normanton. As a result of poor financial planning I slipped behind with remittance. The freeholders agreed a clearance plan but there is still three thousand pounds due to be paid.
I am under pressure to dispose of the property and I am nervous that this can hold me back if I have to settle the amount due in advance. Do I have to settle before - is this achievable?
It would be wise to check with the property lawyer carrying out your South Normanton conveyancing but it might be possible to arrange for the outstanding amount to be attributed to the purchasers. The sale price due would be reduced to reflect the amount of debt they assume. They could then discharge the fees once they are the owners.