Is it the case that all Oxted CQS (Conveyancing Quality Scheme) solicitors are on the Kent Reliance conveyancing panel?
Some major lenders now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
Completion of my remortgage has taken place for my property in Oxted. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
After months of negotiation I have agreed a price on a house in Oxted. My financial adviser recommended their conveyancers. I paid an advanced payment of £150. A few days later, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in Oxted 4 years ago no longer exist. What are my next steps?
In today’s world there are duplicates made of almost everything, and your conveyancer will know exactly where to look for all the suitable paperwork so you can buy or sell your property without a hitch. If duplicates are not available, your conveyancer can put in place insurance or indemnities protecting you against possible claims on the property.
I am looking to sell my property. My former lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Oxted if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Oxted. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I am using a search engine for the phrase conveyancing in Oxted it reveals numerous solicitorsin the vicinity. How do I determine which is the suitable conveyancer for me?
The best way of choosing a suitable conveyancer is via trusted testimonial, so ask colleagues and relatives who have acquired a property in Oxted or a reputable estate agent or mortgage broker. Charges for conveyancing in Oxted differ, so it's sensible to secure at least four estimates from varying types of solicitors. Be sure to secure confirmation what costs in the quote includes.
Having had my offer accepted I require leasehold conveyancing in Oxted. Before diving in I require certainty as to the unexpired term of the lease.
If the lease is registered - and almost all are in Oxted - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a garden flat in Oxted, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Oxted with an extended lease are worth £202,000. The ground rent is £60 invoiced every year. The lease ends on 21st October 2081
You have 56 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
We own a leasehold flat in Oxted. Conveyancing was completed in last year. I have been told that I should not allow the the remaining lease term to get too low. Why is that a problem?
Oxted leasehold properties are for a fixed term - usually ninety nine years when they started. However a significant flats in Oxted were built or converted in the 70’s80’s and so such leases now have less than 80 years remaining. This may seem like a long time but Banks, Building Societies and other mortgage institutions on the whole need leases to have at least seventy five years remaining to adequate security. This means that when you come to sell the property you will need a lease extension if you are getting close to 75 years. To maximise your property value you should be considering whether to extend your lease long before you come to sell it. There are also advantages to taking action before the lease hits 80 years as when the lease falls below 80 years the amount to be paid to extend starts to get a lot more expensive.