I am considering remortgaging my house in Oakleigh Park, does my lawyer have to be on the Aldermore Conveyancing panel?
There is nothing to stop you using your solicitor, but Aldermore will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
four months have elapsed following my purchase conveyancing in Oakleigh Park concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Oakleigh Park differ for new build properties?
Most buyers of new build residence in Oakleigh Park approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is built. This is because house builders in Oakleigh Park tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Oakleigh Park or who has acted in the same development.
I'm refinancing my existing house to a BTL loan with HSBC Bank and intend to use the remaining equity as a deposit on another house. The area we are talking about is Oakleigh Park. Will your solicitors be able to act for the two lenders and link together the conveyances?
Do use our search tool on this site to be sure that the lawyers are approved by both banks. Assuming that they are the lawyer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you solicitor and communicate your desired outcome and needs.
I am using a search engine for the words conveyancing in Oakleigh Park it shows results of numerous solicitorsin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for me?
The ideal method of seeking a suitable conveyancer is through a trusted referral, so enquire of friends and relatives who have purchased a property in Oakleigh Park or the reputable estate agent or financial adviser. Charges for conveyancing in Oakleigh Park differ, so it's advisable to obtain at least four estimates from different property lawyers. Dont forget to clarify that the fees are fixed.
Estate agents have just been given the go-ahead to market my garden apartment in Oakleigh Park.Conveyancing has not commenced but I have just had a quarterly service charge invoice – should I leave it to the buyer to sort out?
It best that you discharge the service charge as normal given that all rents and service invoices will be allottedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially