We are a couple about to sign contracts for a ground floor flat in Oadby. We encountered a snag. The mortgage offer with Platform Home Loans Ltd expires on 2/11/2026 but the sellers are putting forward a completion date of 4/11/2026. Is it possible to prolong the loan expiry date?
The best person to deal with your question is your conveyancer who will assess if they should be discussing with the lender, seller’s lawyers, estate agents or conceivably all three based on the history of your transaction as of today.
I own a freehold property in Oadby but nevertheless pay rent, why is this and what is this?
It is rare for properties in Oadby and has limited impact for conveyancing in Oadby but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
We are planning to move home in October. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you recommend a removal company in Oadby. Conveyancing firm was organised before I stumbled across your site.
On the afternoon of completion you can collect the house keys from the property agent but this can only happen when the vendors solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You can tell the removal men that they can start moving you in. We do not recommend a specific removal company but can help you locate a residential property solicitor in Oadby or a firm that specialises in conveyancing in Oadby.
I have today made my last payment due on my mortgage with Yorkshire BS. I assume I don't need a Oadby conveyancer on the Yorkshire BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
About to purchase house in Oadby. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton 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 Oadby conveyancing practitioner is on the Skipton conveyancing panel.
In what way can the Landlord & Tenant Act 1954 impact my business premises in Oadby and how can you help?
The 1954 Act gives security of tenure to business leaseholders, giving them the legal entitlement to apply to court for a new lease and remain in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Oadby
I am looking for a conveyancing lawyer in Oadby for my home move. Can I see a firm’s record with the profession’s regulator?
One can search for presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.
We are in the middle of purchasing a house in Oadby. Conveyancing lawyer has told us the title is "Leasehold". Should this make a difference on our Halifax valuation?
Oadby conveyancing does not normally involve leasehold houses. The main factor here is the remaining lease term and the ground rent. If there are hundred of years years remaining with a nominal rent, it's essentially freehold, so it’s unlikely to impact the saleability too much.
On the flip side, if it's, say, 50 years it will have a significant impact on the saleability, and most likely wouldn't be acceptable to the mortgage company. The length of lease and ground rent will be set out in the lease which should be made available to your conveyancing practitioner.