I decided to go with a high street firm for my conveyancing in Newton Abbot last week. Upon checking the Terms it is apparent thatI am liable for charges even if the dealdoes not go ahead. Should I ditch them and instruct a web based conveyancing brokerage who offer no completion no cost conveyancing in Newton Abbot?

Generally there is a compromise along the lines that if "No Sale No Fee" is offered then the conveyancing charges will tend to be be uplifted to counteract the cases that do not proceed. Do bear in mind that these arrangements rarely cover outlay for instance Newton Abbot conveyancing search fees.

We are a couple about to exchange contracts for a garden flat in Newton Abbot. We have hit a problem. The mortgage offer with Santander expires on 23/1/2024 but the vendors are insisting on a completion date of 25/1/2024. Is it possible to prolong the mortgage offer?

The person best placed to address this question is your solicitors who will hopefully assess if he or she is corresponding with the lender, vendor’s solicitors, selling agents or possibly all three given the history of your transaction as of today.

About to place an offer on a leasehold property in Newton Abbot. The selling agents advise that it is the norm for flats in Newton Abbot to have less than 75 years remaining. I am expecting a mortgage with Bank of Ireland. Is this going to be a problem if the lease has Seventy One years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 23/11/2023 the requirements read as follows :

I need some quick conveyancing in Newton Abbot as I have an ultimatum to sign on the dotted line inside 2 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?

If.Given you are not taking a mortgage you have the choice not to have searches conducted although no solicitor would advise that you don't. With plenty of history conveyancing in Newton Abbot the following are instances of issues that can be revealed and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...

I am buying a new build house in Newton Abbot with a mortgage from Birmingham Midshires. The sellers would not reduce the amount so I negotiated £7000 of additionals instead. The property agent told me not disclose to my conveyancer about this extras as it could put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.