I'm in the process of porting my current homeowner home loan to a BTL Halifax mortgage. The bank has said that I must appoint a conveyancer as part of the process. I spoke to my previous Dulas and Nebo conveyancing firm who who did the conveyancing when I first acquired the house. The quote supplied of £500 has surprised me as its a refinance than a sale or purchase.
The estimate does seem a little overpriced. Where you are content to expend time contrasting prices you might trim some of the expense by say a hundred pounds. On the other hand, providing that you were satisfied with the conveyancing the firm provided you mightlive to regret opting for an an untested conveyancer. If is important to be sure the firm can also act for Halifax. Do employ our search tool to get a quote a Dulas and Nebo conveyancing firm on the Halifax conveyancing panel, which can often include conveyancing solicitors in Dulas and Nebo.
We were just about to sign contracts for a garden flat in Dulas and Nebo. We have hit a stumbling block. The loan offer with Nottingham Building Society expires on 15/4/2026 but the sellers are suggesting a completion date of 17/4/2026. Can one extend the mortgage expiry date?
The best person to address this issue is your lawyer who will hopefully assess if he or she is better off negotiating with the bank, owner’s representatives, estate agents or indeed all three based on what has happend in your house move to date.
In what way does my ID and proof of funds have anything to do with my conveyancing in Dulas and Nebo? What am I being asked for?
You are right in the requirement set out by your solicitor has nothing to do with conveyancing in Dulas and Nebo. Nowadays you will not be able to complete any conveyancing transaction if you have not handing over evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper part as well as the photo card part, one is not satisfactory without the other.
Verification of the origin of monies is necessary in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your lawyer will need to have this information on file. Your Dulas and Nebo conveyancing lawyer will require evidence of proof of funds prior to accepting any money from you into their client account and they should also ask further questions regarding the source of funds.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to use a local conveyancing solicitor in Dulas and Nebo?
Do check but the the probability is that give you one of their panel solicitors where you take up the "fee-free" offer. Contact the bank to explore if they offer you a cash alternative. Some lenders have previously offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor in Dulas and Nebo.
Are there restrictive covenants that are commonly picked up during conveyancing in Dulas and Nebo?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Dulas and Nebo. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’