We were just about to sign contracts for a semi detached house in Halesowen. We have hit a stumbling block. The loan offer with Bank of Ireland runs out on 2/3/2026 but the vendors are putting forward a completion date of 4/3/2026. Is it possible to extend the mortgage expiry date?
The best person to deal with your concern is your solicitors who will hopefully assess if he or she is should be discussing with the mortgage company, vendor’s representatives, estate agents or possibly all parties given the circumstances your conveyancing as of today.
I am considering mortgaging my property in Halesowen, does my lawyer have to be on the UBS Conveyancing panel?
There is nothing to stop you using your solicitor, but UBS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Various online forums that I have come across warn that are a common cause of stalling in Halesowen conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Halesowen.
I decided to have a survey completed on a property in Halesowen ahead of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend not give a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you contact us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Halesowen. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Halesowen to see if the conveyancing costs will increase in light of this.
I am using a search engine for the phrase on line conveyancing in Halesowen it reveals many property lawyersin the vicinity. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The ideal method of seeking the right conveyancer is through a trusted referral, so ask friends and relatives who have acquired a property in Halesowen or the respected estate agent or mortgage broker. Fees for conveyancing in Halesowen differ, so it's a good idea to request at least three quotes from different solicitors. Dont forget to clarify that the costs are assured not to increase.