We were just about to exchange contracts for a property in Old Colwyn. We have hit a problem. Our loan offer with Nationwide Building Society expires on 29/11/2023 but the sellers are putting forward a completion date of 1/12/2023. Can one extend the loan offer?

The person best placed to address this issue is your lawyer who should calculate whether they should be discussing with the bank, seller’s conveyancers, selling agents or possibly all parties taking into account the history of your transaction as of today.

We hope to to purchase with Norwich and Peterborough Building Society. We have called around locally but am struggling to find a Old Colwyn conveyancing firm on the Norwich and Peterborough Building Society approved list. Can you assist?

You should take advantage of the search tool on this page. Please choose the lender and type Old Colwyn or your location and you will discover numerous conveyancers offices in Old Colwyn or by proximity to you.

My bid for a property was accepted at auction in Old Colwyn. Conveyancing is necessary. What are my next steps?

Having legally bound yourself to purchase you now have to instruct a conveyancing practitioner as a matter of priority as you are facing a tight deadline in which to complete the purchase. Every auction property will have an associated auction pack. This will include most,if not all of the documents that your lawyer will need. In the case of leasehold premises the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You should give this to the solicitor working for you ASAP. You also need to ensure that your finances are in order to complete on the date specified in the contract.

We are planning to move property in December. Should my conveyancing solicitor call the removal company on the completion day. As an aside, can you recommend a removal company in Old Colwyn. Conveyancing firm was chosen prior to coming across this site.

On the afternoon of completion you can pick up the house keys from the selling agent but this can only be done once the sellers conveyancers inform the agent that the monies to complete are in and the keys can be passed over. You can inform the removal men that you are ready to move in. We do not recommend a particular removal company but can assist you in locating a conveyancing in Old Colwyn or a legal practice that specialises in conveyancing in Old Colwyn.

I'm the single recipient of my late grandmother’s will with all property in now in my sole name, including the house in Old Colwyn. Conveyancing formalities meant that the Land Registry date was in August. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership may be treated the same way as if I'd bought the property in August. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. Some banks would take a pragmatic view as this obligation is chiefly there to identify subsales or the wholesaling and assigning of properties.

I have been told that property searches are the primary reason for hinderance in Old Colwyn conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Old Colwyn.

I am buying a new build apartment in Old Colwyn. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Old Colwyn

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.