We were just about to sign contracts for a ground floor flat in Romiley. We have hit a problem. Our loan offer with Barclays runs out on 26/9/2025 but the owners are insisting on a completion date of 30/9/2025. Can one prolong the loan expiry date?
The best person to deal with your question is your conveyancer who will assess whether they corresponding with the lender, vendor’s conveyancers, estate agents or possibly all three taking into account what has happend in your house move to date.
Having spent time reviewing consumer advice sites for a conveyancing lawyer in Romiley, most comment that I should instruct a CQS accredited lawyer. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with prudent and efficient conveyancing processes through the scheme protocol Membership covers numerous companies who execute conveyancing in Romiley.
I had a mortgage agreed in principle with Virgin Money. Romiley conveyancing solicitors have been selected. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
Some lenders take longer than others. Have Virgin Money conducted the valuation? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am buying a property in Romiley. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
As you are obtaining a mortgage with Yorkshire BS your lawyer must comply with the formal requirements contained in Part 2 of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Yorkshire BS where a lease fails to satisfy these conditions. The requirements relate to the installation of panels on properties nationwide and is not limited to Romiley.
After months of negotiation I have agreed a price on a house in Romiley. My financial adviser recommended their conveyancers. I paid an advanced payment of £225. Shortly after, the property lawyer called me to say that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Romiley is the location of the property. Can you shed any light on this issue?
Flying freeholds in Romiley are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Romiley you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Romiley may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Romiley cover?
Commercial conveyancing in Romiley covers a broad range of services, supplied by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.