Find a Banbury Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Banbury? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Banbury conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Banbury conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Banbury

Do the conveyancing solicitors that you recommend conduct auction conveyancing in Banbury?

There are a few auction solicitors we can connect you with those who can conduct auction conveyancing. Banbury is one of hundreds of areas of where our lawyers are based.

I am the registered owner of a freehold premises in Banbury yet charged rent, why is this and what is this?

It’s unusual for properties in Banbury and has limited impact for conveyancing in Banbury but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be extinguished.

I am helping my mother sell her property in Banbury. Will the solicitor arrange the energy performance certificate or do I organise this?

Following the demise of Home Packs, energy assessments was left as a compulsory part of selling a house. An EPC needs to be to hand prior to the property being advertised. It is not as aspect of the sale process that solicitors ordinarily arrange. Where you are instructing a Banbury conveyancing solicitor they might be willing to arrange energy assessments given their contacts with long established local energy assessors

I am the single beneficiary of my late father’s estate and I have everything in my name alone, including the house in Banbury. The Banbury property was put into my name in January. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', which means that my property ownership may be treated the same way as if I'd bought the house in January. Will no one buy the property for half a year?

The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. Most mortgage companies would take a sensible view as this obligation principally exists to capture the purchase and immediately sell or the quick reselling of properties.

My partner and I have organised the release of further monies on our mortgage from Kent Reliance as we wish to conduct improvements to our home in Banbury. Are we obliged to choose a bricks and mortar Banbury solicitor on the Kent Reliance conveyancing panel to handle the paperwork?

Kent Reliance do not ordinarily require a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance conveyancing panel.

I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Banbury is the location of the property. What do you suggest?

Flying freeholds in Banbury are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Banbury you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Banbury may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Is there anything unique about your site and other web based conveyancing brokers for conveyancing in Banbury?

At this site obtain an accurate quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Banbury. Unlike many estate agents and brokerage sites we do not charge firms a fee if you choose them for your property ownership legalities in Banbury

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Find out more about how flying freehold can affect your the value of a property.