We were just about to sign contracts for a freehold house in Wooler. We have hit a snag. The mortgage offer with TSB runs out on 7/4/2026 but the vendors are putting forward a completion date of 9/4/2026. Is it possible to extend the loan offer?
The person best placed to address this question is your conveyancer who will hopefully calculate whether he or she is should be discussing with the mortgage company, owner’s lawyers, selling agents or indeed all parties given what has happend in your transaction to date.
We are looking to buy a property and need a conveyancing solicitor in Wooler who is on the Aldermore solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Wooler.
Intending to buy a apartment in Wooler. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Wooler conveyancer is on the RBS conveyancing panel.
I have instructed a Wooler conveyancer having made sure that they are on the Barclays conveyancing panel. Does my lawyer arrange the survey of the property?
Barclays will need an independent valuation of the property. Your lawyer will not arrange this. Usually Barclays will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Wooler postcode. As you are getting a mortgage with Barclays, you could contact them to see if they have a list of approved surveyors in Wooler.
At last I have had an offer on an apartment in Wooler accepted, the vendors do however have a dependent purchase. The sellers have put an offer on on an apartment, but it’s not yet tied up, and have viewings of other apartments booked. I have selected a bricks and mortar conveyancing solicitor in Wooler. What should be my next step? When do I get the mortgage application with Yorkshire BS started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then survey, Wooler conveyancing search costs, etc). The first thing to do is ensure that your property lawyer is on the Yorkshire BS approved list. Regarding the subsequent phase this very much depends on the circumstances of your transaction, motivation for this property and on the state of the market. In a buoyant market the majority of buyers will apply for the mortgage with Yorkshire BS and arrange for the valuation and only if it comes back ok would they pay their lawyer to proceed with searches.
Due to the encouragement of my in-laws I had a survey completed on a house in Wooler before retaining conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders tend refuse to grant a loan on this type of property.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wooler. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Wooler and I am already nervous. I couldn't find anything specific about Wooler. Conveyancing will be needed in due course but do you know about the Wooler area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wooler. In the meantime here are some basic statistics that we found