We are about to exchange contracts for a freehold house in Tintagel. We encountered a stumbling block. The loan offer with Yorkshire Building Society runs out on 4/1/2027 but the sellers are insisting on a completion date of 6/1/2027. Is it possible to extend the loan expiry date?
The best person to address this issue is your conveyancer who will assess if they better off negotiating with the bank, vendor’s conveyancers, selling agents or possibly all parties taking into account the circumstances your conveyancing to date.
I am in the process of mortgaging my home in Tintagel, does my lawyer have to be on the HSBC Conveyancing panel?
In theory, you could use a solicitor that is not on the HSBC conveyancing panel, but HSBC would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I used Action Conveyancing several years past for my conveyancing in Tintagel. Now, I need the files however cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Tintagel of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Tintagel differ for newly converted properties?
Most buyers of new build residence in Tintagel approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Tintagel tend to purchase the land, 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 Tintagel or who has acted in the same development.
I decided to have a survey carried out on a house in Tintagel ahead of appointing lawyers. I have been advised that there is a flying freehold element to the house. My surveyor advised that some banks will not grant a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tintagel. Conveyancing may be slightly more expensive based on your lender's requirements.
I am thinking of appointing a conveyancing solicitor in Tintagel for my purchase. Is it possible to check a firm’s complaints history with the profession’s regulator?
You can review published Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The regulator may monitor telephone calls for training requirements.