We are about to exchange contracts for a ground floor flat in Clitheroe. We encountered a snag. The loan offer with Aldermore runs out on 3/4/2019 but the sellers are insisting on a completion date of 5/4/2019. Can one extend the loan expiry date?
The person best placed to address this issue is your lawyer who will hopefully determine whether they corresponding with the bank, owner’s solicitors, estate agents or conceivably all parties based on the history of your conveyancing as of today.
We are planning to acquire a flat and require a conveyancing solicitor in Clitheroe who is on the Coventry BS solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Clitheroe.
We are close to exchanging contracts on the sale of our home in Clitheroe and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an online conveyancing firm rather than a conveyancing solicitor in Clitheroe. We have lived in Clitheroe for three years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
It has been three months since my purchase conveyancing in Clitheroe completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Clitheroe with a loan from Lloyds TSB Bank. The builders would not budge the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not disclose to my lawyer about the side-deal as it would impact my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.