We are looking to buy a house and need a conveyancing solicitor in Olney who is on the Skipton solicitor panel. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Olney.

I have been referred to a conveyancing solicitor in Olney. I I am struggling to find out if they are accepted on the Virgin Money conveyancing panel. Could you advise?

You should contact the conveyancer and ask them whether they are on the lender panel. Otherwise you can call Virgin Money who may be able to confirm.

If you had a top tip for selecting a conveyancing solicitor in Olney what would it be?

We would encourage you not to base your choice on the lowest Olney conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.

Forgive me if this question is silly but I am new to the home moving as FTB of a garden flat in Olney. Do I collect the keys to the house on the completion date from my lawyer? If so, I will use a local conveyancing solicitor in Olney?

On the day of completion you will not be required to attend the conveyancers office in Olney. Your solicitors will electronically transfer the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you should be able to receive the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.

Planning on purchasing a flat in Olney. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Olney conveyancing practitioner is on the HSBC conveyancing panel.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Olney is the location of the property. Is there any guidance you can give?

Flying freeholds in Olney are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Olney you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Olney 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.

I am employed by a long established estate agent office in Olney where we have experienced a few flat sales jeopardised as a result of short leases. I have been given conflicting advice from local Olney conveyancing firms. Can you shed some light as to whether the vendor of a flat can commence the lease extension process for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Olney Conveyancing for Leasehold Flats - Examples of Questions you should ask before Purchasing

How many years are left on the lease? On the whole the cost for major works are not included within maintenance charges, although there some managing agents in Olney ask leasehold owners to pay into a sinking fund created for the specific intention of establishing a fund for major repairs or maintenance.