My fiance’s brother is a property lawyer. I suspect that I will be offered preferential rates for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Eaglescliffe?
Do compare pricing. Do use our search tool on this page. The amounts will contrast greatly but service levels do differ between law firms as is the case with most professions.
We were just about to exchange contracts for a freehold house in Eaglescliffe. We encountered a problem. Our mortgage offer with Clydesdale runs out on 17/2/2025 but the vendors are suggesting a completion date of 19/2/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this issue is your conveyancer who will calculate whether they corresponding with the bank, owner’s representatives, selling agents or possibly all three taking into account what has happend in your conveyancing to date.
What does my ID and proof of funds have anything to do with my conveyancing in Eaglescliffe? What am I being asked for?
Eaglescliffe conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under money laundering regulations to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (typically a Bank Statement no more than three months).
Proof of the origin of monies is also necessary under the money laundering statutes as conveyancers are required to ensure that the funds you are utilising to acquire a property (whether it be the deposit for exchange or the full purchase price where you are buying without a mortgage) has originated from legitimate source (such as employment savings) rather than the product of criminal behaviour.
I opted to have a survey completed on a property in Eaglescliffe in advance of instructing solicitors. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks may refuse to issue a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Eaglescliffe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Eaglescliffe to see if the conveyancing costs will increase in light of this.
Should I be wary by estate agents that I am dealing with are recommending a web based conveyancing firm rather than a local Eaglescliffe conveyancing practice?
As is the case with lots of service providers, often recommendations from family and friends can be worth their weight in gold. But there are lots of players in a conveyancing transaction; estate agents, financial adviser and lenders might all put forward conveyancers to retain. Sometimes the conveyancers might be known to one of the organisations as experts in their field, but sometimes there is an underlying commercial relationship behind the recommendation. You are at liberty to appoint your preferred conveyancer. However, bear in mind that most lenders specify a panel list of law firms you must use for the mortgage aspect of your house move.