We were just about to exchange contracts for a garden flat in Aylestone. We encountered a stumbling block. Our loan offer with TSB expires on 20/3/2026 but the vendors are suggesting a completion date of 24/3/2026. Is it possible to extend the mortgage expiry date?

The person best placed to address this concern is your solicitors who will determine whether he or she is better off negotiating with the mortgage company, seller’s lawyers, selling agents or possibly all three given the circumstances your house move as of today.

As someone with no idea as to the Aylestone conveyancing process what is the number one tip you can impart for the legal transfer of property in Aylestone

You may not hear this from too many lawyers but conveyancing in Aylestone or throughout Leicestershire is often a confrontational process. In other words, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the transaction. For example, the vendor, property agent and on occasion a mortgage company. Appointing a lawyer for your conveyancing in Aylestone should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the process whose responsibility is to protect your best interests and to protect you.

On occasion a third party with a vested interest may attempt to persuade you that it is in your interests to do things their way. As an example, the selling agent may claim to be assisting by suggesting your solicitor is wrong. Or your financial adviser may try to convince you to do take action that is against your solicitors recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

I am considering refinancing my flat in Aylestone, does my lawyer have to be on the Coventry BS Solicitor panel?

In theory, you could use a solicitor that is not on the Coventry BS conveyancing panel, but Coventry BS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

I got the keys to my apartment on 5 August and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Aylestone expressed confidence that it will be concluded in a couple of weeks. Are titles in Aylestone uniquely lengthy to register?

As far as conveyancing in Aylestone is concerned, registration is no quicker or slower than the rest of the country. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. At present approximately three quarters of such applications are completed within two weeks but occasionally there can be extensive delays. Historically registration occurs once the buyer has moved in to the property thus post completion formalities is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.

I'm buying a new build house in Aylestone with the aid of help to buy. The builders refused to reduce the amount so I negotiated £7000 of additionals instead. The house builders rep advised me not to tell my conveyancer about the deal as it would impact my loan with Norwich and Peterborough Building Society. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.