We are about to sign contracts for a property in Nantwich. We encountered a stumbling block. The mortgage offer with Skipton Building Society runs out on 28/3/2025 but the sellers are insisting on a completion date of 1/4/2025. Is it possible to extend the loan offer?
The best person to address this issue is your solicitors who is in a position to determine if they corresponding with the mortgage company, vendor’s solicitors, property agents or conceivably all three given the history of your house move to date.
How does conveyancing in Nantwich differ for new build properties?
Most buyers of new build or newly converted property in Nantwich approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because builders in Nantwich usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Nantwich or who has acted in the same development.
I decided to have a survey completed on a house in Nantwich in advance of retaining solicitors. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some lenders tend refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different instructions from Nationwide. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Nantwich. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Nantwich to see if the conveyancing costs will increase in light of this.
I need to find a conveyancing solicitor for sale conveyancing in Nantwich. I've stumble upon a site which seems to have the perfect answer If it is possible to get all formalities done via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am considering choosing an online solicitor rather than a Nantwich conveyancing practice. Should I ‘stay local’?
Various benefits exist in having the option attend a local Nantwich conveyancing solicitor such as
- signing papers and and when necessary
- often being able to speak to someone face-to-face can make a huge difference, particularly for more complex house moves
- the ability to complain if matters are not going as expected
When checking fees, look carefully for hidden extras. Most decent Nantwich high street solicitors give an all-inclusive price. Many online agents seem to offer low cost prices, but have hidden 'extras' in the fine print.