We are about to sign contracts for a freehold house in Swaffham. We have hit a problem. The loan offer with The Mortgage Works runs out on 13/2/2025 but the sellers are suggesting a completion date of 17/2/2025. Can one prolong the loan offer?
The person best placed to address this issue is your lawyer who is in a position to calculate if he or she is better off negotiating with the mortgage broker, owner’s lawyers, property agents or possibly all three given the history of your conveyancing as of today.
I am purchasing a terraced house in Swaffham. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Swaffham you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Swaffham.
I have a 4 bedroom Edwardian property in Swaffham. Conveyancing lawyer acted for me and Halifax. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the matching address. Is it worth asking Halifax to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Swaffham and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Swaffham differ for new build properties?
Most buyers of new build premises in Swaffham approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Swaffham typically acquire 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 conveyancers 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 used to new build conveyancing in Swaffham or who has acted in the same development.
We're first time buyers - agreed a price, but the selling agent told us that the vendor will only go ahead if we appoint the agent's preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a high street solicitor who is familiar with conveyancing in Swaffham
It is highly unlikely the sellers are driving this. If they want ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Bypass the agents and go straight to the owners and make sure they understand (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your preferred Swaffham conveyancing solicitors - not the ones that will provide their estate agent a commission or achieve conveyancing targets demanded by head office.
My in 2006. He has got wed, widowed and in recent months got married again. He now intends to the sell the Swaffham property. I think he will just be requested to provide a copy of the marriage certificates to the property lawyer however he is concerned it could delay the conveyancing. Is it worth updating the land title information for the house?
You are not required to update the register on the basis that you have the evidence needed to show how the name change occurred.
The buyer’s solicitor should check the title entries and request evidence to prove the name change e.g. marriage certificates.