We are about to sign contracts for a ground floor flat in Southbourne. We encountered a snag. Our mortgage offer with Britannia runs out on 18/5/2026 but the vendors are putting forward a completion date of 20/5/2026. Is it possible to prolong the loan offer?
The best person to address this concern is your lawyer who will determine whether they better off negotiating with the mortgage broker, owner’s representatives, selling agents or indeed all parties given what has gone on in your transaction to date.
I am the sole beneficiary of my late grandmother’s will with all property in now in my sole name, including the house in Southbourne. The Southbourne property was put into my name in February. I want to move. I do know about the CML six month 'rule', meaning my property ownership may be considered the same way as if I'd bought the property in February. Will no one buy the property for half a year?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. Most banks would take a pragmatic view as this provision chiefly exists to identify the purchase and immediately sell or the wholesaling and assigning of properties.
We had instructed solicitors based in Southbourne on the HSBC solicitor panel. They are now charging me a separate charge for the legal aspects of the HSBC mortgage. Is this a supplemental conveyancing fee specified by HSBC?
Provided it is contained in their Terms and Conditions or Quote then yes your lawyer may charge a fee for this. This charge is not set by HSBC but by your Southbourne conveyancer. Numerous firms on the HSBC panel will levy ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
I was told four weeks ago that my mortgage has been agreed to by Principality. Is it usual for Principality to only issue the offer once my solicitor in Southbourne is approved on their conveyancing panel? Principality have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
My friend advised me that where I am buying in Southbourne I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Southbourne conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Southbourne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Southbourne Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Southbourne Education with plans and statistics, Local Amenities and other useful data regarding Southbourne.
I opted to have a survey done on a property in Southbourne prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Southbourne. Conveyancing may be slightly more expensive based on your lender's requirements.
What tools are available to search for a Southbourne law firm on the TSB conveyancing panel? I have a car and am willing to travel upto 10miles to meet the lawyer.
Feel free to make use of the tool on this page. Please choose the mortgage company and your location and you will see a number of Southbourne conveyancing lawyers based on proximity. We have listed some Southbourne conveyancing firms at the bottom of this page and you can ring them to verify if they are on the TSB member panel
In scouring the web for the words on line conveyancing in Southbourne it brings up numerous conveyancerslocally. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The preferential method of finding a suitable conveyancer is through a trusted testimonial, so enquire of colleagues and family who have bought a property in Southbourne or the local estate agent or financial adviser. Costs for conveyancing in Southbourne vary, so it's sensible to request a minimum of three estimates from varying types of solicitors. Dont forget to clarify that the fees are fixed.