We are about to sign contracts for a property in Overton. We encountered a snag. Our mortgage offer with Halifax runs out on 7/2/2025 but the owners are insisting on a completion date of 11/2/2025. Is it possible to prolong the mortgage expiry date?
The best person to deal with your concern is your conveyancer who is in a position to assess if he or she is should be discussing with the mortgage company, vendor’s representatives, property agents or possibly all parties taking into account what has happend in your house move to date.
In researching online forums for an online solicitor in Overton, most advise that I must look for a CQS assured lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in the legal transfer of properties, trusted by some of the UK's biggest banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. Overton is one of the many areas in England and Wales where there are CQS solicitors.
What will a local search tell me regarding the house I am buying in Overton?
Overton conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations for example Onsearch The local search plays a central part in many a Overton conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your property. The search should provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
How does conveyancing in Overton differ for new build properties?
Most buyers of new build premises in Overton approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Overton typically acquire 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 accustomed to new build conveyancing in Overton or who has acted in the same development.
Taking into account that I am about to part with hundreds of thousands of pounds on a garden flat in Overton I would like to have a conversation with the solicitor regarding thehouse move before appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be doing your property ownership legalities in Overton.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Overton should be the amount on the final invoice that you are charged.