We are about to exchange contracts for a leasehold flat in Chew Magna. We have hit a stumbling block. Our loan offer with runs out on but the vendors are insisting on a completion date of . Can one extend the mortgage expiry date?
The best person to address this concern is your lawyer who will calculate whether he or she is better off negotiating with the mortgage company, owner’s lawyers, estate agents or conceivably all three based on the circumstances your house move to date.
How up to date is your database of Chew Magna solicitors on the conveyancing panel? Do send you an updated list?
Chew Magna conveyancing firms themselves provide us confirmation that they are on the conveyancing panel as opposed to being supplied with a list from directly.
I am selling our home in Chew Magna and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know that there is no such problem. It does beg the question why the purchasers instructed a factory type conveyancing practice rather than a conveyancing solicitor in Chew Magna. We have lived in Chew Magna for 5 years we know of no issue. Is it a good idea to contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I used Stirling Law several years past for my conveyancing in Chew Magna. I now require my papers however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chew Magna of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Chew Magna differ for new build properties?
Most buyers of new build premises in Chew Magna contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Chew Magna tend to acquire 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 property lawyers 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 Chew Magna or who has acted in the same development.