Find a Moss Nook Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Moss Nook? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Moss Nook home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Moss Nook conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Moss Nook

We were just about to sign contracts for a freehold house in Moss Nook. We encountered a snag. The loan offer with The Mortgage Works expires on 3/4/2023 but the owners are insisting on a completion date of 5/4/2023. Can one extend the mortgage expiry date?

The best person to address this question is your lawyer who will hopefully determine whether he or she is better off negotiating with the bank, vendor’s solicitors, estate agents or indeed all parties taking into account what has happend in your conveyancing to date.

Should conveyancers request money up-front for conveyancing in Moss Nook?

If you are buying a property in Moss Nook your lawyer will ask you place them with funds to cover the the cost of the conveyancing searches. Normally this is called for to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be required shortly before contracts are exchanged. The final balance that is due will be payable shortly before completion.

We're in Moss Nook, First timers buying with a mortgage (lender is Principality , and our solicitor is on the Principality conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Principality conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

How does conveyancing in Moss Nook differ for new build properties?

Most buyers of new build residence in Moss Nook contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Moss Nook typically acquire the land, 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 Moss Nook or who has acted in the same development.

I opted to have a survey done on a house in Moss Nook ahead of retaining conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some lenders may not grant a loan on such a home.

It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you contact us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Moss Nook. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Moss Nook to see if the conveyancing will be more expensive.

Last updated

Find out more about how flying freehold can affect your the value of a property.