We were just about to sign contracts for a ground floor flat in Worcester Park. We encountered a stumbling block. The loan offer with Leeds Building Society runs out on 29/12/2025 but the owners are suggesting a completion date of 31/12/2025. Can one extend the loan expiry date?
The best person to address this question is your conveyancer who should determine whether he or she is better off negotiating with the lender, owner’s conveyancers, property agents or conceivably all three given what has gone on in your house move to date.
Why do I have to pay up front when it comes to conveyancing in Worcester Park?
If you are buying a property in Worcester Park your lawyer will ask you place them with funds to cover the search fees. Generally this is asked for to cover the fees of the Local Authority Search. When the deposit is as part of the total price then this should be required immediately before exchange of contracts. The closing balance that is due will be payable a couple of days prior to the day of completion.
Can I be sure that the Worcester Park conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Worcester Park obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your conveyancing.
Completion of my remortgage has taken place for my property in Worcester Park. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Planning on purchasing a apartment in Worcester Park. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Worcester Park solicitor is on the Virgin Money conveyancing panel.
Me and my brother purchased a semi-detached Georgian property in Worcester Park. Conveyancing solicitor acted for me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Worcester Park and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing solicitor who carried out the work.
As co-executor for the estate of my aunt I am disposing of a house in Cardiff but reside in Worcester Park. My solicitor (approximately 260 miles awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Worcester Park who can attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Worcester Park based
We have chosen a Worcester Park conveyancing solicitor for our house purchase (first time buyers) and have picked up in the Ts and Cs that they are not regulated by the FCA. Should I be concerned or is that usually the case with property lawyer?
We can't see why they should be. Most conveyancer don't lend money. They should be governed by the SRA, who dictate stringent rules regulating monies sitting in their bank.