We were just about to exchange contracts for a semi detached house in Oxshott. We have hit a problem. Our loan offer with Bank of Ireland expires on 26/8/2025 but the vendors are suggesting a completion date of 28/8/2025. Is it possible to extend the mortgage expiry date?
The best person to address this concern is your solicitors who will calculate whether they should be discussing with the bank, owner’s conveyancers, estate agents or indeed all parties based on what has gone on in your house move as of today.
My stepmother informed me that in purchasing a property in Oxshott there may be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are anumerous of properties in Oxshott which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Oxshott should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have agreed to purchase a house in Oxshott. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
Given that you are obtaining a mortgage with Virgin Money your lawyer must follow the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to Virgin Money where a lease fails to satisfy these conditions. The provisions relate to the installation of panels on properties nationwide and is not isolated to Oxshott.
We expect to receive a AIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Clydesdale recommend any Oxshott solicitors on the Clydesdale conveyancing panel, or is it better to go independently?
You will need to appoint Oxshott solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
Should our lawyer be raising questions regarding flooding during the conveyancing in Oxshott.
The risk of flooding is if increasing concern for lawyers dealing with homes in Oxshott. Plenty of people will purchase a property in Oxshott, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Solicitors are not best placed to give advice on flood risk, however there are a number of checks that can be carried out by the purchaser or by their lawyers which will figure out the risks in Oxshott. The conventional set of completed inquiry forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a standard question of the owner to determine whether the premises has suffered from flooding. If flooding has previously occurred which is not notified by the seller, then a purchaser could issue a legal claim for losses stemming from an misleading response. The buyer’s lawyers will also order an environmental report. This will disclose if there is any known flood risk. If so, additional inquiries will need to be initiated.
Given that I am about to spend over three hundred thousand on 3 bedroom house in Oxshott I would like to have a conversation with the lawyer regarding thetransaction in advance of appointing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer due to be doing your conveyancing in Oxshott.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The practices that we put you in touch with believe that the figure you are provided with for your conveyancing in Oxshott should be the amount on the final invoice that you are charged.
My father-in-law has recommend that I instruct his lawyers for conveyancing in Oxshott. Do I take his guidance?
No doubt it’s preferable to find a conveyancing solicitor is to seek recommendations from friends or family who have actually previously instructed the conveyancer you're considering.
When it comes to my conveyancing in Oxshott should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Oxshott conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the lawyer's time in submitting the funds this way.