We were just about to exchange contracts for a freehold house in Braunton. We have hit a snag. The loan offer with Britannia expires on 10/1/2025 but the vendors are putting forward a completion date of 14/1/2025. Can one prolong the loan expiry date?

The best person to address this concern is your conveyancer who will hopefully assess whether they corresponding with the mortgage broker, owner’s lawyers, property agents or possibly all parties based on the history of your house move as of today.

We are planning to buy with Earl Shilton BS. I called into 3 or 4 local solicitors but cant to find a Braunton conveyancing firm on the Earl Shilton BS panel. Can you help?

Please do take advantage of the find a conveyancing panel solicitor tool on this site. Pick the mortgage company and type Braunton or your location and you will be presented with a number of lawyer based in Braunton or by proximity to you.

I'm buying a new build house in Braunton benefiting from help to buy. The builders refused to budge the price so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my solicitor about this extras as it would adversely affect my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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 have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Braunton I like with amenity areas and transport links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Braunton for this price, so just wondered if I would be making a grave error acquiring a short lease?

If you need a mortgage the remaining unexpired lease term will be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

I'm converting the mortgage on my current home to a buy to let loan with Nationwide Building Society and intend to use the remaining equity as a down payment on another house. The location we are interested in is Braunton. Will your lawyers be able to act for both sets of lenders and tie in the transactions?

Make use of our search tool on this page to be sure that the conveyancers are approved by both mortgage companies. On the basis that they are the lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your desired outcome and requirements.