It has taken forever and a day but a loan agreement from Santander for the refinancing of my 2 bedroom flat is expected imminently. Could you recommend a low cost conveyancing lawyer in Olney?
You are on the wrong site if you are in need of the cheapest conveyancing solicitors in Olney. We can offer you cost effective conveyancing but our intention is not to work with the cheapest lawyers. Do not be swayed by brokers seducing you with ninety nine pound conveyancing in Olney. At best, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you being stung for additional fees and still not receive the service required.
We have very pushy sellers who has insisted on a exclusivity agreement with a payment 6,000. Are such arrangements appropriate for Olney conveyancing transactions?
This form of agreement isn't common in Olney, conveyancers are often inclined to direct clients away from them as they detract from focusing on the main conveyancing focus and if you end up having your deposit forfeited then the solicitor is left exposed. Secondly, there is no guarantee that just because the proprietor has entered into a lock out contract they will complete the sale with you. They may be in contravention of the agreement if they are offered a large enough financial inducement to do so because an aggrieved claimant with the benefit of a exclusivity agreement will still have to establish consequential losses from the breach and these may not equalise the financial upside that your seller may obtain by reneging on the agreement, however morally unworthy the behaviour is.
I have Fifty Six years unexpired on my lease and require a lease extension for my flat in Olney. Conveyancing solicitors on the Accord Mortgages panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/12/2025 the requirements read as follows :
My aunt informed me that in buying a property in Olney there could be various restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Olney which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Olney should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is there a list of Lloyds panel conveyancers in Olney on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings open the public on the web. If you are in need of a Olney property lawyer on the Lloyds please use our facility.
Completion of my remortgage has taken place for my property in Olney. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I'm remortgaging my current house to a buy to let mortgage with TSB and I will use the ballance of the raised equity as a deposit on another property. The neighborhood we are looking at is Olney. Will your lawyers be able to act for the two mortgage companies and link together the two deals?
Make use of our search tool on this page to be sure that the lawyers are approved by both mortgage companies. Having checked that they are your solicitor should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make clear your desired outcome and needs.
My wife and I purchased a leasehold flat in Olney. Conveyancing and Yorkshire Building Society mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Olney who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Olney conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Olney Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
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How many years are left on the lease? You should be aware if it is fewer than 80 years it will have adverse implications on the value of the property. Check with your mortgage company that they are content with residual term of the lease. Leases with fewer than 80 years remaining means that you will probably have to extend the lease sooner rather than later and you need to have some idea of what this would cost. For most Olneylease extensions you would be be obliged to have owned the property for two years before you are eligible to exercise a lease extension. On the whole the outlay for major works tend not to be wrapped into the service charges, although there some managing agents in Olney require tenants to pay into a reserve fund created for the specific intention of establishing a fund for major repairs or maintenance.