We are a couple about to sign contracts for a garden flat in Thame. We have hit a problem. Our loan offer with Alliance & Leicester runs out on 4/2/2026 but the owners are insisting on a completion date of 6/2/2026. Can one prolong the loan offer?
The best person to address this concern is your lawyer who is in a position to assess whether they better off negotiating with the mortgage broker, owner’s lawyers, property agents or possibly all three based on the circumstances your conveyancing as of today.
I need some fast conveyancing in Thame as I have an ultimatum to exchange contracts inside 2 weeks. Fortunately I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Thame the following are examples of what can appear and adversely affect market value: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
I used Stirling Law several years past for my conveyancing in Thame. I now require my file but the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Thame of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Thame with a mortgage from Skipton Building Society. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not to tell my lawyer about this deal as it may put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Thame is where the house is located. Can you offer any advice?
Flying freeholds in Thame are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Thame you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thame may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
New build sellers have put forward a lawyer and I've sought an estimate from them. It's almost £300 less expensive than my own Thame solicitor. What's the catch?
Developers often have panels of property lawyers who expedite matters and who know the builder's paperwork and property lawyer. Plenty of developers offer an inducement to select a preferred conveyancing practitioner for this reason, any increased fees can be avoided and a builder will not suggest a conveyancing warehouse and run the risk of having the transaction delayed when they demand an exchange within a tight time frame. A counter-argument for not agreeing to use the recommended solicitor is that they may prove hesitant to fight for your interests at the risk of upsetting the housebuilder. If you worry that this may be the case you should keep with your local Thame property lawyer.