We are about to sign contracts for a property in Morfa Nefyn. We have hit a stumbling block. The mortgage offer with Yorkshire Building Society runs out on 26/6/2024 but the owners are suggesting a completion date of 28/6/2024. Can one prolong the loan offer?
The person best placed to address this concern is your lawyer who will hopefully assess if they corresponding with the mortgage company, seller’s representatives, property agents or conceivably all three given the history of your house move to date.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Morfa Nefyn. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/4/2024, the requirements read as follows :
I am assisting my mother sell her flat in Morfa Nefyn. Does the solicitor arrange an energy assessment or should I organise this?
Following the abolition of HIPs, energy performance certificates remained a compulsory element of selling a property. An EPC should be commissioned in advance of the property being put on the market. This is not a task that law firms ordinarily arrange. Where you are instructing a Morfa Nefyn conveyancing solicitor they might help arrange EPC’s due to their relationships with reputable Morfa Nefyn assessors
Two weeks ago we had a mortgage agreed in principle with Skipton. Morfa Nefyn conveyancing lawyers were appointed. How long does it take for Skipton to send the offer to the conveyancing practitioner?
Some lenders take longer than others. Have Skipton done the valuation? Have you advised Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
After months of negotiation I have agreed a price on an apartment in Morfa Nefyn. My mortgage broker pressured me to appoint their solicitor. I paid an upfront payment of £150. A couple of days later, the conveyancer contacted me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
The deeds to our property can not be found. The lawyers who conducted the conveyancing in Morfa Nefyn 5 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical original deeds to establish that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
We are 3 weeks into a leasehold purchase having been recommend to conveyancers by the high street agent to handle our conveyancing in Morfa Nefyn. I am am very disappointed with the quality of service. Could you help me find new solicitors?
A solicitor would have to be very poor in order to consider changing them. Has the mortgage offer been issued? If so you need to make them aware of the new contact details and ensure the loan are issued to the new lawyers. Your new solicitor ideally needs to be on the banks panel to avoid supplemental expenses and delays. So that should be your first question of the new conveyancers. Our search tool can assist you in finding a lender approved solicitor for your home move in Morfa Nefyn