We were just about to exchange contracts for a semi detached house in Whalley. We have hit a snag. Our mortgage offer with Bank of Scotland expires on 10/9/2025 but the sellers are putting forward a completion date of 12/9/2025. Can one extend the loan offer?
The best person to deal with your concern is your lawyer who is in a position to determine if they should be discussing with the mortgage broker, vendor’s lawyers, property agents or indeed all parties given the circumstances your conveyancing as of today.
Do lawyers ask for money up-front for my conveyancing in Whalley?
If you are buying a property in Whalley your solicitor will ask you place them with monies to cover the search fees. Generally this is requested to cover the fees of the conveyancing searches. When the down payment is as part of the purchase price then this will be asked for shortly prior to contracts are exchanged. The final balance that is due should be sent to your lawyer a few days prior to the completion date.
Should commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Whalley?
Many commercial conveyancing solicitors in Whalley will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Whalley. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Whalley.
For every commercial conveyancing transaction in Whalley it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Whalley commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Whalley.
I am buying a new build house in Whalley benefiting from help to buy. The developers would not move on the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not disclose to my solicitor about the deal as it would adversely affect my loan with Santander. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Taking into account that I will soon part with hundreds of thousands of pounds on a terraced house in Whalley I wish to talk to a lawyer regarding thetransaction before giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be conducting your conveyancing in Whalley.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter number. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Whalley should be the amount on the final invoice that you are charged.
I am thinking of appointing a conveyancing solicitor in Whalley for my house move. Is there any facility to check a solicitor's complaints history with the legal regulator?
One can find presented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.