We were just about to exchange contracts for a leasehold flat in Cross Hands. We have hit a snag. The loan offer with Barclays expires on 10/11/2025 but the vendors are suggesting a completion date of 12/11/2025. Is it possible to extend the loan offer?
The best person to deal with your concern is your conveyancer who should calculate if they corresponding with the bank, vendor’s conveyancers, property agents or possibly all parties given the circumstances your conveyancing as of today.
In what way does my ID and proof of funds have anything to do with my conveyancing in Cross Hands? Is this really necessary?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with before they can accept their conveyancing instruction. The Terms and Conditions that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. If you are unwilling to hand over identification documents, your conveyancer would not be able to accept instructions from you.
We are planning to purchase with Melton Mowbray Building Society. I popped in a few high street practices yet am struggling to find a Cross Hands conveyancing firm on the Melton Mowbray Building Society panel. Could you help?
You should take advantage of the search tool on this web page. Pick the lender and type Cross Hands or your location and you will see a number of lawyer located in Cross Hands or by proximity to you.
How does conveyancing in Cross Hands differ for new build properties?
Most buyers of new build residence in Cross Hands approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Cross Hands usually buy the real estate, 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 Cross Hands or who has acted in the same development.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.