We are a couple about to sign contracts for a semi detached house in Wells Next The Sea. We encountered a problem. The loan offer with Britannia expires on 24/3/2025 but the owners are insisting on a completion date of 26/3/2025. Is it possible to prolong the loan offer?
The person best placed to deal with your concern is your conveyancer who is in a position to assess whether he or she is corresponding with the lender, owner’s conveyancers, selling agents or indeed all parties based on what has gone on in your transaction to date.
We note that you have a post code search directory listing solicitors on the Coventry BS conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Wells Next The Sea?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Wells Next The Sea.
I am being told by my conveyancer that missing deeds insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Wells Next The Sea?
The right level of missing deeds indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and The Royal Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such policies.
When it comes to mortgage companies such as Barclays, do Wells Next The Sea conveyancers incur a fee to be on the list of approved solicitors?
We are unaware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
I have a mortgage with Aldermore for my property in Wells Next The Sea. Conveyancing has been completed months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Aldermore?
Aldermore must be informed of your intention before renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. It should not be necessary to do this via a Aldermore conveyancing panel solicitor.
I used Action Conveyancing a few years ago for my conveyancing in Wells Next The Sea. I now require my papers but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate 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 Wells Next The Sea of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Wells Next The Sea I like with amenity areas and transport links in the vicinity, however it only has 61 remaining years left on the lease. I can't really find anything else in Wells Next The Sea suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
My parents are experiencing problems in finding their Wells Next The Sea property on the HM Land Registry website. They recall that sixty years ago when they bought the bungalow there were complications concerning Wells Next The Sea not being identified on some systems.
The vast majority of residences in Wells Next The Sea should appear. Have you attempted a search with simply the postcode. Normally it should reveal all the residences within that postcode. Where recorded it will be there with a title number. Where they bought fifty years ago it's conceivable it may be not yet registered. The property might still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title papers which might be with your parent’s mortgage company.