We are a couple about to sign contracts for a freehold house in Willerby. We encountered a problem. The loan offer with Barnsley Building Society expires on 13/1/2025 but the vendors are suggesting a completion date of 15/1/2025. Is it possible to extend the loan expiry date?
The person best placed to address this issue is your lawyer who will determine whether he or she is better off negotiating with the mortgage company, owner’s solicitors, estate agents or indeed all three given the history of your transaction as of today.
My lawyer in Willerby is not on the Bank of Ireland Conveyancing Panel. Is it possible for me to use my family solicitor notwithstanding that they are excluded from the Bank of Ireland panel?
The limited options available to you here include:
- Complete the purchase with your preferred Willerby lawyers but Bank of Ireland will need to instruct a solicitor on their list of acceptable firms. This will result in additional overall legal charges as well as result in frustration.
- Find an alternative lawyer to to deal with the purchase, obviously checking they are Convince your conveyancer to use their best endeavours to join the Bank of Ireland conveyancing panel
My wife and I own a semi-detached Georgian property in Willerby. Conveyancing lawyer acted for me and Yorkshire Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Willerby and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing solicitor who completed the work.
I am buying my first flat in Willerby with the aid of help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not disclose to my solicitor about the side-deal as it would put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
How do I locate a Willerby solicitor on the Halifax conveyancing panel? I am a keen cyclist and am willing to travel upto 20kilometers to meet the conveyancer.
You can use the search on this website. Please select a mortgage company and your location and you will see a number of Willerby conveyancing lawyers located nearest you. We have detailed some Willerby conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Halifax approved list