We were just about to exchange contracts for a semi detached house in Whittlesey. We encountered a problem. Our loan offer with Birmingham Midshires runs out on 3/10/2025 but the owners are suggesting a completion date of 7/10/2025. Is it possible to extend the mortgage offer?
The person best placed to deal with your concern is your lawyer who is in a position to determine whether they better off negotiating with the lender, seller’s lawyers, property agents or conceivably all parties taking into account the history of your house move as of today.
When does exchange of contracts occur in residential conveyancing in Whittlesey and do I need to attend the solicitors office?
Where you are in close proximity to one of the conveyancing solicitors in Whittlesey you are welcome to come in to sign documents. That being said, the law practices we work with provide a nationwide conveyancing service and provide as equally diligent and professional a job for you when dealing with you electronically. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Whittlesey)to be in the office available at the end of the phone to exchange contracts.
There are numerous conveyancing solicitors in Whittlesey but how do I know who I should use?
Do not opt for the cheapest Whittlesey conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I am currently in the process of buying my council flat in Whittlesey. I have a mortgage offer with Kent Reliance. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Whittlesey solicitor - who is on the Clydesdale conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Whittlesey surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Whittlesey is the location of the property. Is there any guidance you can impart?
Flying freeholds in Whittlesey are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Whittlesey you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Whittlesey may decide 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 residence.
Are there any apps to help identify a Whittlesey law firm on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am happy to travel upto 10kilometers to meet the conveyancer.
Feel free to make use of the tool on this website. Please pick a lender and your location and you will see a number of Whittlesey conveyancing lawyers based on proximity. We have detailed some Whittlesey conveyancing firms towards the end of this page and you can contact them to see if they are on the Accord Mortgages Ltd panel
My brother has suggested that I use his lawyers for conveyancing in Whittlesey. Should I find my own conveyancer?
Much as we are happy to recommend a Whittlesey conveyancing lawyer it’s preferable to choose a conveyancing practitioner is to get recommendations from friends or family who have actually used the solicitor you're contemplating using.