We were just about to sign contracts for a garden flat in Crediton. We have hit a stumbling block. The mortgage offer with Chelsea Building Society expires on 31/3/2026 but the owners are putting forward a completion date of 2/4/2026. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your lawyer who will hopefully determine if he or she is better off negotiating with the bank, vendor’s solicitors, property agents or indeed all parties based on what has happend in your house move to date.
Can I use your services to recommend a Conveyancing solicitor in Crediton even where I’m not purchasing or selling a house, for instance if I wish to buy an office in Crediton with a loan from HSBC Bank?
Our search tool is mainly there to find residential conveyancing solicitors in Crediton but we have listed at the end of this page a selection of Crediton commercial conveyancing firms. You should enquire with the solicitors directly to establish if they are also authorised to represent HSBC Bank
My friend advised me that where I am buying in Crediton I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Crediton conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Crediton 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 demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Crediton Education with maps and statistics, Local Amenities and other useful data about Crediton.
How does conveyancing in Crediton differ for newly converted properties?
Most buyers of new build residence in Crediton contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Crediton usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Crediton or who has acted in the same development.
I decided to have a survey completed on a house in Crediton ahead of instructing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies tend refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Crediton. Conveyancing will be smoother if you use a solicitor in Crediton especially if they are accustomed to such properties in Crediton.