We are about to sign contracts for a ground floor flat in Malmesbury. We encountered a stumbling block. The mortgage offer with Platform Home Loans Ltd runs out on 16/9/2019 but the owners are suggesting a completion date of 18/9/2019. Is it possible to extend the loan offer?
The person best placed to address this question is your conveyancer who should assess whether they should be discussing with the lender, owner’s solicitors, selling agents or indeed all three based on the history of your house move as of today.
Do banks and building societies provide you with an approved list of Malmesbury conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Malmesbury conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
My friend advised me that where I am buying in Malmesbury I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Malmesbury conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Malmesbury around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Malmesbury Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Malmesbury.
How does conveyancing in Malmesbury differ for new build properties?
Most buyers of new build residence in Malmesbury come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Malmesbury tend to purchase the site, 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 used to new build conveyancing in Malmesbury or who has acted in the same development.
I need to appoint a conveyancing solicitor for freehold conveyancing in Malmesbury. I happened to stumble upon a web site which seems to have the ideal answer If it is possible to get all this stuff done via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?