We are about to sign contracts for a garden flat in Wingate. We have hit a snag. Our loan offer with Chelsea Building Society expires on 18/12/2024 but the owners are putting forward a completion date of 20/12/2024. Is it possible to extend the mortgage expiry date?
The best person to deal with your issue is your solicitors who should assess if he or she is better off negotiating with the mortgage company, owner’s lawyers, selling agents or indeed all three given the circumstances your house move as of today.
My lawyer in Wingate has never been on on the Halifax Solicitor Panel. Can I still retain my family solicitor even though they are not on the Halifax approved list?
Your options are as follows:
- Complete the purchase with your preferred Wingate solicitors but Halifax will need to use a lawyer on their panel. This will result in additional total conveyancing charges and cause delays.
- Get a new lawyer to act in the conveyancing, obviously checking they are Halifax approved.
- Try to convince your Halifax based solicitor to try to join the Halifax panel
I am planning to move property in December. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you put forward a removal company in Wingate. Conveyancing lawyer was found before I stumbled across your website.
On the day of completion you will need to collect the keys from your estate agent however this should only occur after the sellers conveyancers advise the agent that the monies to complete are in and the keys can be given over. After that you should inform the removal men that they can start moving you in. We are not in a position to recommend a particular removal organisation but can assist you in finding a conveyancing in Wingate or a lawyer that specialises in conveyancing in Wingate.
We previously instructed conveyancing lawyers locally in Wingate on the HSBC solicitor approved list. They are now charging me a separate sum for dealing with the HSBC mortgage. Is this an additional conveyancing fee specified by HSBC?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your solicitor is entitled to charge a fee for this. This charge is not set by HSBC but by your Wingate property lawyer. Numerous firms on the HSBC panel will quote an ‘acting for lender’ fee but plenty of practices incorporate it on their overall fee.
My wife and I have arranged the release of further monies on our mortgage from Virgin Money as we want to conduct improvements to our property in Wingate. Are we obliged to appoint a nearby Wingate solicitor on the Virgin Money conveyancing panel to handle the paperwork?
Virgin Money do not ordinarily instruct firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money list.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Wingate is the location of the property. Can you shed any light on this issue?
Flying freeholds in Wingate are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wingate you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wingate may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My husband and I are new on the property ladder - had an offer accepted, yet the selling agent has warned us that the vendor will only proceed if we use their recommended lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Wingate
It is improbable the owners are behind this. Should the owner require ‘a quick sale', turning down a motivated purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Wingate conveyancing firm - rather thanthose that will earn their estate agent a referral fee or meet his conveyancing targets pre-set by head office.