We are a couple about to sign contracts for a leasehold flat in Ollerton. We have hit a stumbling block. The loan offer with Coventry Building Society expires on 22/9/2025 but the owners are insisting on a completion date of 24/9/2025. Is it possible to extend the loan expiry date?
The person best placed to deal with your issue is your solicitors who will determine if they should be discussing with the mortgage company, vendor’s lawyers, property agents or conceivably all parties based on what has gone on in your house move to date.
It is is a decade since I bought my property in Ollerton. Conveyancing solicitors have just been retained on the sale but I can't track down my title deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could stored with the lawyers who handled your purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Ollerton relates to registered property but in the unlikely event that your home is unregistered it is more of a problem but is resolvable.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Ollerton so that I can pop in to their offices when needed.
Nowadays approved lawyers for banks conduct all of the work through Royal Mail, internet or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in the country. Nevertheless you can see if you have the option of attending the offices of your conveyancing lawyer if you prefer.
I am selling my home. My previous solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Ollerton if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Ollerton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
As co-executor for the estate of my uncle I am selling a property in Cardiff but live in Ollerton. My lawyer (based 260 miles awayrequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Ollerton who can attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are located in Ollerton
Do you have any advice for leasehold conveyancing in Ollerton with the intention of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Ollerton can be avoided if you appoint lawyers as soon as your agents start marketing the property and request that they start to collate the leasehold information which will be required by the purchasers’ conveyancers. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Most leases in Ollerton state that internal structural changes or laying down wooden flooring require a licence from the Landlord approving such changes. If you fail to have the paperwork in place you should not contact the landlord without checking with your solicitor in advance. If there is a history of any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be nervous about purchasing a property where there is an ongoing dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as historic rather than unresolved. The majority of landlords or Management Companies in Ollerton levy fees for supplying management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management information sought as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of delay in leasehold conveyancing in Ollerton.
I invested in buying a studio flat in Ollerton, conveyancing was carried out December 2000. Can you work out an approximate cost of a lease extension? Corresponding flats in Ollerton with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ends on 21st October 2080
With only 55 years unexpired the likely cost is going to range between £31,400 and £36,200 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.