We were just about to sign contracts for a ground floor flat in Bovey Tracey. We have hit a stumbling block. The loan offer with The Mortgage Works runs out on 20/2/2025 but the vendors are suggesting a completion date of 24/2/2025. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your solicitors who should determine if he or she is better off negotiating with the bank, owner’s conveyancers, selling agents or conceivably all three taking into account the circumstances your conveyancing to date.
Having sold my house in Bovey Tracey last December yet the purchaser is Skype messaging daily to moan that his conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your sale your conveyancer should forward the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers solicitors. There is unlikely to be post completion steps specific conveyancing in Bovey Tracey.
Have completed on a a terraced house in Bovey Tracey , how long will it take for the Land Registry to register the transfer to my name? My Bovey Tracey conveyancing solicitor works at snail pace, so I want to check the registration is dealt with.
There is nothing unique about conveyancing in Bovey Tracey registration formalities. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether there are errors and if the Land registry communicate with any other parties. Currently approximately 80% of submission are fully dealt with in less than three weeks but some can be subject to longer delays. Historically registration takes place once the new owner has moved in to the premises thus post completion formalities is not usually top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
I opted to have a survey carried out on a property in Bovey Tracey before retaining conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some banks may refuse to give a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements from Nationwide. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bovey Tracey. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to use your search app to choose a conveyancing solicitor in Bovey Tracey on the panel for my bank?
1st choose a bank such as HSBC Bank, Leeds Building Society or Godiva Mortgages Ltd then choose your location a common one being Bovey Tracey. Conveyancing organisations in Bovey Tracey and nationally will then be identified.