We were just about to sign contracts for a ground floor flat in Wide Open. We encountered a snag. The mortgage offer with Accord Mortgages Ltd runs out on 3/7/2024 but the sellers are putting forward a completion date of 5/7/2024. Is it possible to prolong the loan expiry date?
The best person to deal with your question is your conveyancer who should determine if he or she is should be discussing with the bank, owner’s representatives, estate agents or indeed all three taking into account what has happend in your house move to date.
My lender has recommended a law firm on their panel based in Wide Open but I would rather choose a conveyancing lawyer in Wide Open local to me. Can you help?
Far from all Wide Open conveyancing firms are on all banks conveyancing panel. Please make use of the above search tool to find a Wide Open conveyancing firm on the on the lender panel.
I am buying a terrace house in Wide Open. The intention is to an extension at the rear at the property.Will legal due diligence on the property include investigations to ascertain if these alterations were previously refused?
Your property lawyer should review the deeds as conveyancing in Wide Open can occasionally reveal restrictions in the title documents which prohibit categories of alterations or need the permission of a 3rd party. Certain extensions need local authority planning consent and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
I am expecting a OIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Wide Open solicitors on the Kent Reliance conveyancing panel, or is it better to go independently?
You will need to appoint Wide Open solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
My offer was accepted on a property in Wide Open on 22/3/2024, valuation was booked 2 days after, all came back fine. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to Coventry BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Coventry BS conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
A colleague suggested that where I am buying in Wide Open I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Wide Open conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Wide Open around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data about Wide Open.
Is it simple use the search tool to choose a conveyancing practitioner in Wide Open on the authorised to act for my bank?
Step one is to select a bank such as Halifax, Virgin Money or Alliance & Leicester then specify your preferred area for example Wide Open. Conveyancing firms in Wide Open and beyond should be identified.