We are about to sign contracts for a leasehold flat in Malton. We encountered a snag. Our loan offer with Skipton Building Society runs out on 4/4/2019 but the sellers are insisting on a completion date of 8/4/2019. Is it possible to extend the mortgage offer?
The person best placed to deal with your concern is your lawyer who should assess if they corresponding with the mortgage broker, vendor’s representatives, estate agents or possibly all parties based on the history of your house move as of today.
Can you clarify what the consequences are if my solicitor is expelled from the Lloyds Conveyancing panel ahead of completing my conveyancing in Malton?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Given that I will soon part with hundreds of thousands of pounds on a house in Malton I wish to have a conversation with the lawyer concerning thehouse move in advance of giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer due to be carrying out your property ownership legalities in Malton.There is no ‘factory style conveyancing’ - each client is an important individual, not a case reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Malton should be the figure that you are charged.
I am looking for a conveyancing solicitor in Malton for my sale. Is it possible to see a solicitor's record with the legal regulator?
Anyone can find documented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA could monitor call for training requirements.
New build sellers have put forward a property lawyer and I've sought an estimate from them. It's nearly £400 less expensive than my family Malton lawyer. What's the catch?
Housebuilders often have lists of property lawyers who expedite matters and who know the seller’s contract and conveyancer. As many developers offer an inducement to choose their approved lawyer for this reason, any increased cost can be avoided and a developer won't recommend a conveyancing factory and run the risk of having the conveyancing stall when they require an exchange inside a month. The argument for not agreeing to use the suggested lawyer is that they may prove hesitant to fight for your interests at the risk of alienating the housebuilder. Where you have concerns that this may be the case you should remain with your local Malton conveyancing practitioner.