Do the conveyancing solicitors that you recommend handle attended exchange conveyancing in Thame?

We do have a number of conveyancing experts who can conduct one day exchanges. You should e-mail us to secure a conveyancing quote and details as to dates.

Finally the sale completed on my house in Thame last January yet the purchaser is Skype messaging every few hours complaining that his lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?

Post completion of your disposal your solicitor should deliver the transfer documentation and all of the paperwork to the buyer’s solicitors. If applicable, your lawyer should also send confirmation that the mortgage has been paid off to the purchasers conveyancers. There are no post completion tasks specific conveyancing in Thame.

My bank has recommended solicitors on their panel based in Thame but I would rather choose a conveyancing lawyer in Thame local to me. Are you able to help?

The minority of Thame conveyancing practitioners are on all banks conveyancing panel. Please make use of the above search tool to choose a Thame conveyancing conveyancer on the on the mortgage company panel.

Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one near me in Thame I like with a park and station nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Thame suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

If you require a mortgage that many years will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

In relation to leasehold conveyancing in Thame what are the most common lease problems?

Leasehold conveyancing in Thame is not unique. All leases are drafted differently and legal mistakes in the legal wording can result in certain clauses are erroneous. For example, if your lease is missing any of the following, it could be defective:

A provision to repair to or maintain parts of the property

A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, The Mortgage Works, and Britannia all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to pull out.

Thame Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing

The majority of Thame leasehold properties will be liable to pay a service charge for maintenance of the block levied by the freeholder. Should you acquire the flat you will have to pay this charge, normally quarterly throughout the year. This may be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large communal areas. There will also be a ground rent for you to pay annual, ordinarily this is not a exorbitant sum, say around £50-£100 but you need to enquire it because sometimes it can be many hundreds of pounds. What is the name of the managing agents? Please inform me if there are any major works in the near future that could increase the maintenance charges?