We are about to sign contracts for a property in Waterlooville. We encountered a snag. The loan offer with Santander expires on 14/12/2026 but the vendors are insisting on a completion date of 16/12/2026. Is it possible to extend the loan expiry date?
The best person to deal with your issue is your solicitors who will hopefully assess if he or she is better off negotiating with the bank, owner’s representatives, estate agents or possibly all parties based on the history of your conveyancing as of today.
Do lenders provide you with an approved list of Waterlooville conveyancing solicitors? How do you know who is on the Barclays conveyancing panel?
Waterlooville conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
We are purchasing a flat in Waterlooville. It might be a silly question but how we can trust a solicitor? At some point we have to send our life savings into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my step-mother sell her flat in Waterlooville. Does the solicitor commission an energy performance certificate or it is for the owner to see to?
After the abolition of Home Packs, energy assessments was maintained a mandatory element of moving house. An EPC needs to be to hand prior to the property being marketed. This is not as aspect of the sale process that conveyancers ordinarily arrange. If you are using a Waterlooville conveyancing lawyer they might be able to arrange energy assessments given their relationships with reputable local energy assessors
Our offer on a house in Waterlooville has been accepted, but there is a chain. The vendors have placed an offer on somewhere, but it’s not yet tied up, and are looking at other properties in the pipeline. I have instructed a nearby conveyancing solicitor in Waterlooville. What should be my next step? When should I get the mortgage application with Skipton started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of £1k, then valuation, Waterlooville conveyancing search fees, etc). The first thing to do is ensure that your solicitor is on the Skipton conveyancing panel. As to the subsequent phase this very much depends on the specifics of your transaction, desire for the property and on the state of the market. In a buoyant market the majority of home buyers would apply for a home loan with Skipton and arrange for the valuation and only if it was satisfactory would they ask their solicitor to press on with the conveyancing in Waterlooville.
I need to instruct a conveyancing solicitor for some conveyancing in Waterlooville. I've chance upon a site which looks to be the perfect solution If there is a chance to get all this stuff done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Can you offer any advice when it comes to choosing a Waterlooville conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for lease extension works (regardless if they are a Waterlooville conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Waterlooville conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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If they are not ALEP accredited then what is the reason? How many lease extensions have they conducted in Waterlooville in the last 12 months?
I invested in buying a garden flat in Waterlooville, conveyancing having been completed in 2011. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Waterlooville with an extended lease are worth £260,000. The ground rent is £45 per annum. The lease terminates on 21st October 2100
With just 74 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
I have read on a number of online forums that before choosing a conveyancing firm they must be approved by your mortgage company. It happens to be my first home move but I have an AIP via Birmingham Midhshires and I already have a family conveyancing solicitor in Waterlooville at the ready. Does Santander require an approved solicitor to be used? Does a directory of approved conveyancers even exist so I can appoint a conveyancing solicitor in Waterlooville?
You need to use a solicitor that is on the Santander panel. Simply telephone your chosen Waterlooville conveyancing solicitor and ask if they are on the Santander panel. If they are not on the panel you have a couple of choices available to you here:
- Proceed with your existing Waterlooville conveyancing practitioner but Santander will need to appoint a lawyer from their approved panel. The net result is additional fees together with potential frustration.
- Get a fresh property lawyer to conduct the conveyancing, not forgetting to check that they are on the Santander conveyancing panel.
- Convince your solicitor to apply to join the lender panel.