We were just about to sign contracts for a freehold house in Ollerton. We encountered a problem. The loan offer with Bank of Ireland expires on 16/12/2025 but the sellers are putting forward a completion date of 18/12/2025. Can one prolong the loan offer?

The best person to address this question is your conveyancer who will hopefully determine if he or she is better off negotiating with the bank, owner’s lawyers, estate agents or conceivably all parties taking into account what has gone on in your house move as of today.

I am buying a new build flat in Ollerton. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Ollerton you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Ollerton.

It has been 2 months since my purchase conveyancing in Ollerton took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am purchasing my first flat in Ollerton with a loan from Skipton Building Society. The builders would not budge the price so I negotiated £7000 of additionals instead. The estate agent told me not disclose to my lawyer about the deal as it may adversely affect my loan with Skipton Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

I previously informed by my bank that their panel lawyers operate no move no fee basis for conveyancing in Ollerton. Our purchase fell through nevertheless the solicitors want search fees! They are claiming that the fees are nothing to do with their fees!

in offering "no sale no fee" Ollerton conveyancing lawyers are writing off their fees for any work conducted. We must stress this does not constitute an insurance scheme. Disbursements aren’t covered – where the lawyer have to pay money out to independent parties, e.g. Ollerton local search fees