We are about to exchange contracts for a garden flat in Edgware. We encountered a stumbling block. The loan offer with Bank of Ireland runs out on 20/10/2025 but the owners are insisting on a completion date of 22/10/2025. Is it possible to prolong the loan expiry date?
The best person to address this issue is your conveyancer who is in a position to calculate if he or she is corresponding with the mortgage broker, seller’s conveyancers, selling agents or possibly all three taking into account what has gone on in your transaction to date.
In what way does my ID and proof of funds have anything to do with my conveyancing in Edgware? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you are required to sign will no doubt reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Should you refuse to hand over ID verification documents, your conveyancer will not be able to take you on as a client.
Is it necessary to pay for insurance to address the risk of chancel repairs when buying a house in Edgware?
Unless a previous acquisition of the premises took place post 12 October 2013 you may expect conveyancing practitioners handling conveyancing in Edgware to remain encouraging a chancel search and or insurance against a claim.
What is different about your site and other online quote calculators when it comes to conveyancing in Edgware?
At this site receive an accurate quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Edgware. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you choose them for your home move in Edgware
Are there any compelling benefits to instructing a local conveyancer in Edgware
Many buyers and sellers in Edgware opt for a nearby high street conveyancing practitioner so that they can pop into the firm’s offices just in case they have problems, and to execute documents without using the post.
We would argue that there exists a marginal benefit in using a lawyer local to the house you are purchasing, due to the familiarity of the area and potential local issues - yet this is debatable. The majority of conveyancers are now via the web and could be any place in the world.