We are about to sign contracts for a freehold house in Hale Barns. We encountered a problem. Our loan offer with Skipton Building Society expires on 16/9/2019 but the vendors are suggesting a completion date of 18/9/2019. Is it possible to extend the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who is in a position to determine if he or she is should be discussing with the lender, owner’s conveyancers, estate agents or conceivably all three given the circumstances your house move as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Hale Barns? Is this really necessary?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you need to sign should reaffirm this. Your lender will also require certain documents to be viewed. Should you are unwilling to supply ID verification documents, your conveyancer will not be able to take you on as a client.
A relative pointed out to me me that in buying a property in Hale Barns there may be various restrictions as to what one can do in terms of external changes to a property. Is this right?
There are a number of properties in Hale Barns which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Hale Barns should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Please help - my lawyer advises that absentee landlord insurance is needed on my purchase. What is the level of cover for Hale Barns conveyancing?
The right level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Chelsea Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
When it comes to lenders such as Nottingham, do Hale Barns solicitors face a yearly amount to be on the conveyancing panel?
We are not aware of any lender fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
I used Arc property Solicitors a few years ago for my conveyancing in Hale Barns. Now, I need my files however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hale Barns of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Hale Barns. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hale Barns
There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.