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Find a Didcot Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Didcot

I am purchasing a property for cash in Didcot. I have lived for the previous 20 years in Didcot. Conveyancing searches are expensive. Given that I know the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?

Provided that you do not need a mortgage, then all but one or two of the Didcot conveyancing searches are at your discretion. Your conveyancer will ’encourage you, perhaps strongly, that you should have searches completed, but she has a professional duty to take that path of guidance. Do bear in mind; if you are intend to sell the house one day, it may be of relevance to your future buyer what the searches disclose. Sometimes houses with day to day issues can still throw up unfavourable search results. A good conveyancing solicitor in Didcot will provide you some sensible guidance concerning this.

My bid for a property was accepted at auction in Didcot. Conveyancing is necessary. What are my next steps?

Having for in every practical sense signed on the dotted line you should retain a conveyancing solicitor as a matter of priority as you now have a pending a fixed date to complete the purchase. Every auction property will ordinarily have an associated auction set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the legal pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You need to pass this on to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that your finances are in order to complete on the date specified in the contract.

When it comes to lenders such as Nottingham, do Didcot solicitors have to pay a yearly amount to be on the conveyancing panel?

We are unaware of any mortgage company fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

I have decided to exercise my right to buy my property in Didcot off the council. I have a mortgage agreed with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.

I need some expedited conveyancing in Didcot as I am under an ultimatum to complete inside 4 weeks. Luckily I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?

As you are are a mortgage free buyer you are at free not to do searches although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Didcot the following are examples of issues that can arise and therefore impact market value: Refused Planning Applications, Outstanding Charges, Overdue Grants, Railway Schemes,...

Can you provide any advice for leasehold conveyancing in Didcot from the point of view of expediting the sale process?

  • Much of the delay in leasehold conveyancing in Didcot can be reduced where you instruct lawyers the minute your agents start advertising the property and request that they start to put together the leasehold information needed by the purchasers’ conveyancers.
  • If you hold a share in a the freehold, you should make sure that you are holding the original share certificate. Arranging a duplicate share certificate can be a time consuming formality and frustrates many a Didcot conveyancing deal. If a new share certificate is needed, do contact the company officers or managing agents (if relevant) for this at the earliest opportunity. A minority of Didcot leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. You believe that you know the number of years left on your lease but you should verify this via your conveyancers. A buyer’s conveyancer will be unlikely to recommend their client to to exchange contracts if the lease term is below 80 years. In the circumstances it is important at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale.

Didcot Leasehold Conveyancing - Sample of Questions you should ask Prior to buying

    How much is the ground rent and service charge? On the whole the cost for major works tend not to be incorporated into the maintenance charges, although some managing agents in Didcot require tenants to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance. The best form of lease structure is a share of the freehold. In this situation the leaseholders benefit from being in charge if their destiny and even though a managing agent is usually employed where it is larger than a house conversion, the managing agent employed by the leaseholders.

I am an executor of my recently deceased parent's Will, with a house in Didcot which is to be sold. The property has never been registered at the Land Registry and I'm told that some purchasers will insist that it is completed before they'll move forward. What's the mechanism for this?

In the circumstances that you have set out it seems sensible to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.

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Neighbouring Locations

Abingdon
Dorchester On Thames
Harwell
Didcot

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