I am considering mortgaging my house in East Oxford, does my lawyer need to be on the Skipton Conveyancing panel?
There is nothing to stop you using your solicitor, but Skipton will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
My partner and I are in the process of viewing flats in East Oxford and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Leeds Building Society.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are getting a mortgage with Leeds Building Society, ask your prospective lawyers if they are on the Leeds Building Society conveyancing panel otherwise they can't do the mortgage legal work.
I recently had an offer agreed on a house in East Oxford. My financial adviser recommended their conveyancers. I paid an advanced payment of £150. Soon after, the solicitor called me to say that they were not on the Nottingham 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 Nottingham 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 am selling my flat. I had a double glazing fitted in March 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Kent Reliance are being a right pain. The East Oxford solicitor who is on the Kent Reliance conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Kent Reliance are insisting on a building regulation certificate. Why do Kent Reliance have a conveyancing panel if they don't accept advice from them?
It is probably the case that Kent Reliance have referred the matter to their valuer. The reason why Kent Reliance may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I opted to have a survey completed on a property in East Oxford ahead of retaining solicitors. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders may not give a loan on such a premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Oxford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Oxford to see if the conveyancing costs will increase in light of this.
Are there any apps to help locate a East Oxford law firm on the Barclays conveyancing panel? I have wheels and am happy to travel upto 20miles to meet the conveyancer.
You can use the facility on this page. Please select a lender and your location and you will see a number of East Oxford conveyancing lawyers locally. We have listed some East Oxford conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Barclays approved list
I’m about to sell my garden flat in East Oxford. Conveyancing has not commenced, however I have just received a quarterly service charge invoice – Do I pay up?
It best that you clear the service charge as usual given that all ground rent and service invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I acquired a 1st floor flat in East Oxford, conveyancing was carried out 5 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in East Oxford with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease comes to an end on 21st October 2079
With only 54 years left to run we estimate the price of your lease extension to be between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.
What is the reason for new build conveyancing in East Oxford being more expensive?
Conveyancing in East Oxford for newly converted or new build premises usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional queries and contractual concerns.