We are a couple about to exchange contracts for a property in Studley. We have hit a problem. Our mortgage offer with Platform Home Loans Ltd expires on 2/10/2026 but the vendors are insisting on a completion date of 6/10/2026. Is it possible to prolong the loan expiry date?
The person best placed to address this issue is your solicitors who will determine if he or she is corresponding with the lender, owner’s conveyancers, selling agents or conceivably all three given the circumstances your house move as of today.
Is there a list of Lloyds panel conveyancers in Studley on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few mortgage companies make their panel listings viewable on the web. Where you are seeking to appoint a Studley solicitor on the Lloyds please use our facility.
We previously appointed conveyancing lawyers with offices in Studley on the Clydesdale solicitor approved list. They have just billed me a supplemental fee for the legal aspects of the Clydesdale mortgage. Is this an additional conveyancing fee set by Clydesdale?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor may levy a fee for this. The charge is not dictated by Clydesdale but by your Studley lawyer. Some firms on the Clydesdale panel will charge an ‘acting for lender’ fee but some practices incorporate it on their overall fee.
We were going to get a AIP from Principality this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Principality recommend any Studley solicitors on the Principality conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Studley solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
What does a local search tell me regarding the house my wife and I purchasing in Studley?
Studley conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for example Xpress Legal The local search plays a central part in most Studley conveyancing purchase; as long as you don’t want any nasty once you have moved into your new home. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
It has been 4 months since my purchase conveyancing in Studley concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Is it best to choose a Studley conveyancing solicitor who is local to the property I am purchasing? I have an old university friend who can perform the legal formalities but his firm is located 200kilometers away.
The benefit of a high street Studley conveyancing firm is that you can drop in to sign paperwork, hand in your ID and pester them where appropriate. They will also have local insight which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and on the whole were content that must trump using an unknown Studley conveyancing lawyer just because they are Studley based.
I am purchasing a maisonette with all finances in place. My lawyer has been given with two distinct proof of photo ID, bank statement, endless utility bills. Now he wants a copy from a probate lawyer stating that the funds are in place and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Studley conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.