Do the conveyancing lawyers Indexed on your site handle auction conveyancing in Oadby?
There are a number of niche practitioners we can put you in touch with those conducting auction conveyancing. Oadby is one of hundreds of areas of in which our lawyers are based.
This question may be naive but I am unexperienced as a first time buyer of a garden flat in Oadby. Do I collect the keys to the property on completion from my lawyer? If so, I will use a local conveyancing solicitor in Oadby?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the seller's solicitors, and shortly after the monies have arrived, you will be able to collect the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
I am selling my flat. I had a double glazing fitted in July 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Virgin Money are being a right pain. The Oadby solicitor who is on the Virgin Money conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money 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 was told three weeks ago that my mortgage has been agreed to by Nationwide. Is it usual for Nationwide to only issue the offer once my solicitor in Oadby is approved on their conveyancing panel? Nationwide have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am looking into buying my first house which is in Oadby and I am already nervous. I couldn't find anything specific about Oadby. Conveyancing will be needed in due course but do you know about the Oadby area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Oadby. In the meantime here are some basic statistics that we found
I am thinking of appointing a conveyancing practitioner in Oadby for my home move. Can I review a firm’s record with the profession’s regulator?
One may find published Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor telephone calls for training reasons.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £450,000 apartment in Oadby on Monday in a week. The management company has quoted £324 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Oadby?
Oadby conveyancing on leasehold apartments usually necessitates administration charges invoiced by management companies :
Completing pre-exchange enquiries
Where consent is required before sale in Oadby
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I purchased a 1st floor flat in Oadby, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Oadby with an extended lease are worth £197,000. The ground rent is £55 levied per year. The lease runs out on 21st October 2077
With only 56 years remaining on your lease the likely cost is going to span between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.
I have just found out that one of the partners of the solicitors acting on the purchase conveyancing in Oadby is an uncle of the owners that we are buying from. Is this allowed?
As long as no conflict arises this should be fine. Where you are requiring mortgage finance then the lender may have a say as many lenders have specific instructions concerning this. For example for Halifax as of 13/2/2021, the requirements read as follows :