We are a couple about to exchange contracts for a garden flat in Burwell. We encountered a stumbling block. Our mortgage offer with Alliance & Leicester expires on 23/8/2021 but the sellers are putting forward a completion date of 25/8/2021. Is it possible to prolong the loan expiry date?
The person best placed to address this concern is your solicitors who will assess if he or she is should be discussing with the mortgage company, vendor’s lawyers, property agents or indeed all parties taking into account the circumstances your transaction to date.
At what point does exchange of contracts occur in domestic conveyancing in Burwell and am I required to attend the lawyers office?
Where you are in close proximity to one of the conveyancing solicitors in Burwell you are welcome to attend to sign contracts. However, the firms we recommend offer a nationwide conveyancing service and give just as detailed and professional a job for you when dealing with you electronically. The executing of the contract is not the important part. A signed contract is just a prerequisite for the firm to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Burwell)to be in the office available at the end of the phone to exchange contracts.
Me and my brother own a semi-detached Georgian house in Burwell. Conveyancing solicitor represented me and Aldermore. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to assess 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 Burwell and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing lawyer who carried out the work.
Do I need to be concerned by brokers that I am dealing with are recommending an online conveyancing firm as opposed to a High Street Burwell conveyancing practice?
As with lots of service providers, often input from family and friends can be worth their weight in gold. Yet there are lots of people with a vested interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may suggest lawyers to instruct. On occasion these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there behind the scenes financial incentive behind the endorsement. You are free to appoint your own conveyancer. However, bear in mind that some lenders specify a panel list of solicitors you are obliged to use for the mortgage related work in your transaction.
I need to find a conveyancing solicitor for purchase conveyancing in Burwell. I happened to chance upon a web site which appears to be the ideal answer If there is a chance to get all the legals completed via phone that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?