Unfortunately I am unable to travel far from Oakhill. Is there a reason why all Oakhill conveyancers are not on all lender panels?
As unjust as it may appear for banks to restrict who can represent them, from the public’s or lawyer’s point of view, the flip side is that mortgage companies are becoming ever more anxious and regard it imperative to shield themselves from mortgage fraud. As a consequence of this concern banks have consolidated their conveyancing panel to a manageable size.
We are a couple about to sign contracts for a property in Oakhill. We have hit a stumbling block. The loan offer with Barclays runs out on 7/4/2026 but the owners are suggesting a completion date of 9/4/2026. Can one extend the mortgage offer?
The best person to deal with your issue is your solicitors who will hopefully assess if he or she is corresponding with the mortgage company, vendor’s conveyancers, selling agents or conceivably all parties taking into account the history of your conveyancing as of today.
I have justdiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Oakhill for a purchase of a leasehold flat 10 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Oakhill conveyancing specialists.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a simple, chain free conveyancing. Oakhill is the location of the property. What do you suggest?
Flying freeholds in Oakhill are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Oakhill you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Oakhill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My wife and I purchased a leasehold flat in Oakhill. Conveyancing and National Westminster Bank mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Oakhill who acted for me is not around. Any advice?
First make enquiries of HMLR to make sure that this person is in fact the new freeholder. There is no need to incur the fees of a Oakhill conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Following years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Oakhill. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to assess the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Oakhill flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The unexpired term as at the valuation date was 69.26 years.