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Conveyancing in Oldham : Keep it Local

Oldham Conveyancing Statistics*

  • 1 Average Stamp Duty Payable for this year to date was £1,521
  • 2 36% freehold and 64% leasehold conveyancing in Oldham for this year to date
  • 3 Average time frame of 46 days for registration of title in Oldham
  • 4 The most common indemnity insurance policies for Oldham conveyancing is Obstruction of Right of Way
  • 5 Average Land Registry Fee for this year to date was £270

Examples of recent conveyancing in Oldham since January 2024*

Recently asked questions about conveyancing in Oldham

Just contacted my conveyancing solicitor in Oldham who acted for me two years ago asking for a conveyancing quote based on an identical type of house move (a leasehold property and a freehold premises) of almost identical values with a loan from Britannia. I am now being quoted double. Should I hunt for a cheaper online property lawyer?

The estimate does seem a tad overpriced. If you shop around you might reduce the fees slightly by as much as a hundred pounds. That being said, providing that you were satisfied with the conveyancing the firm gave you mightcome to regret opting for an an untested conveyancer. Don't forget to be sure that the conveyancer can also act for Britannia. Do use our search tool to choose a Oldham conveyancing firm on the Britannia member panel, which can often include conveyancing solicitors in Oldham.

In what way does my ID and proof of funds have anything to do with my conveyancing in Oldham? Why is this being asked of me?

Oldham conveyancing solicitors as well as nationwide property practitioners accross the UK have an obligation under money laundering regulations to verify the ID of any client in order to ensure that clients are who they say they are.

Conveyancing clients are required to disclose two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement no more than three months).

Proof of source of funds is also required under the money laundering statutes as solicitors are obliged to check that the funds you are utilising to purchase a property (be it the exchange deposit or the full purchase price if you are buying without a mortgage) has come from an acceptable source (such as employment savings) as opposed to the proceeds of criminal behaviour.

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Oldham?

There are many registered licenced Conveyancers in Oldham and Solicitor practices in Oldham who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. The two can conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

When it comes to mortgage companies such as Yorkshire BS, do Oldham solicitors have to pay a yearly amount to be on the list of approved solicitors?

We are not aware of any mortgage company fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.

Does a directory service exist listing Virgin Money panel solicitors in Oldham on the Building Society Association’s Website?

No. There is no such facility on the CML or Building Society Association sites. A small selection of mortgage companies make their panel listings viewable on the web. If you are seeking to appoint a Oldham solicitor on the Virgin Money please use our facility.

I'm purchasing a new build house in Oldham with a mortgage from Santander. The developers would not budge the amount so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my conveyancer about this extras as it will jeopardize my mortgage with Santander. Do I keep my lawyer in the dark?.

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

Due to the input of my in-laws I had a survey completed on a house in Oldham ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies will not issue a loan on a flying freehold house.

It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Oldham. Conveyancing may be slightly more expensive based on your lender's requirements.

Can you provide any top tips for leasehold conveyancing in Oldham from the perspective of speeding up the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Oldham can be reduced if you instruct lawyers the minute your agents start advertising the property and request that they start to collate the leasehold documentation needed by the purchasers’ representatives.
  • If you are supposed to have a share in the freehold, you should ensure that you hold the original share document. Obtaining a duplicate share certificate is often a lengthy formality and delays many a Oldham conveyancing deal. If a duplicate share is needed, do contact the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. Some Oldham leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example laid down wooden flooring? Oldham leases often stipulate that internal structural alterations or installing wooden flooring calls for a licence from the Landlord consenting to such works. If you fail to have the paperwork to hand do not contact the landlord without contacting your conveyancer in advance. If there is a history of any disputes with your freeholder or managing agents it is essential that these are settled before the property is marketed. The purchasers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to present the dispute as over as opposed to unsettled.

I own a basement flat in Oldham, conveyancing was carried out in 2001. How much will my lease extension cost? Comparable properties in Oldham with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease terminates on 21st October 2104

You have 80 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 plus professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.

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Sample of conveyancing solicitors in Oldham regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Oldham but also conveyancing throughout England and Wales.

  • Wrigley Claydon Solicitors, 29-33 Union Street, Oldham, Lancashire, OL1 1HH
  • Mellor & Jackson Solicitors Ltd, 8 Church Lane, Oldham, Lancashire, OL1 3AP
  • Scott Hyman & Co, Lancashire House, Winters Court, 12 Church Lane, Ol1 3an, Oldham, Lancashire, OL1 3AN
  • Coupland Cavendish Limited, Lancashire House, 12 Church Lane, Oldham, Lancashire, OL1 3AN
  • Garratts, King Street Buildings, Manchester Street, Oldham, Greater Manchester, OL8 1DH

Residential Landlord and Tenant Conveyancing solicitors in Oldham

The firms listed below are a small selection of solicitors in Oldham practicing in landlord and tenant law and on the regulations governing different types of tenancies. This should include advice on Leasehold Valuation Tribunal proceedings

  • Wrigley Claydon Solicitors, 29-33 Union Street, Oldham, Lancashire, OL1 1HH
  • Mellor Hargreaves, 11 King Street, Oldham, Lancashire, OL8 1DW
  • Scott Hyman & Co, Lancashire House, Winters Court, 12 Church Lane, Ol1 3an, Oldham, Lancashire, OL1 3AN
  • North Ainley, 34-36 Clegg Street, Oldham, Greater Manchester, OL1 1PS
  • Norcross Lees & Riches, 19 Queen Street, Oldham, Lancashire, OL1 1RD

Residential Licensed Conveyancers in Oldham regulated by the CLC

Please note that the listed conveyancers do not limit their work for conveyancing in Oldham but also conveyancing across England and Wales.
  • Peter Robinson & Co, 27 Queen Street, OL1 1RD
  • Kirkham Conveyancing Services Limited, 74 Rochdale Road, OL2 6QJ
  • Rose & Co Property Lawyers, 14 Warrington Street, OL6 6AS
  • Alfred Ledger & Sons , Property Lawyers, OL16 1QA
  • Matthew Montgomery & Co, 9-13 Water Street, OL16 1TL

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.