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Find a Oakley Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Oakley

Having been suggested to visit your company we were about to appoint conveyancing solicitor in Oakley recommended using your search tool but have come across alternative estimates via the web look less pricey – why is this?

There are many firms of conveyancers offering theoretically looks to be very low prices. You should think twice as to how important this transaction is to you that you are willing to take 'cheap' risks in relation to the quality of the conveyancing. Some hide extras well inside the terms of business. The law firms that we list for conveyancing in Oakley will notbehave this way.

The housing market in Oakley is hotting up. What can I do to speed up the legal process?

In a situation where the seller is applying a tight deadline to exchange we would recommend that your solicitor is familiar with the location as they will benefit local connections and knowledge. It is even conceivable that they would have transacted otherproperties in the same road. You would be best advised to use a Oakley conveyancing firm. In addition, ensure that the conveyancing firm is on the lender panel. It is said that 18% of Oakley conveyancing deals are frustrated or jeopardised after finding out that a purchaser’s lawyer was not on their mortgage lender’s list of approved solicitors. This can often result in the buying process being delayed by almost 21 days. It is believed that this issue affects approximately 100,000 home sales every year. Almost all Oakley conveyancing practices can not represent certain lenders so do check as early as possible.

My husband and I are hoping to buy a newly converted apartment in Oakley with a homeloan from Skipton Building Society.We have a Oakley conveyancing solicitor but Skipton Building Society advised that he's not on their approved list of member firms. It seems we are left with no choice but to instruct a Skipton Building Society panel solicitor or keep our preferred solicitor and fork out for a Skipton Building Society panel lawyer to represent them. This seems very unfair; Can we not simply insist that Skipton Building Society use our lawyer?

No, not really. The home loan offered to you is subject to its various provisions, one of which will be that solicitors needs to be on the Skipton Building Society approved list. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Skipton Building Society

In my capacity as executor for the will of my uncle I am selling a property in Monmouth but live in Oakley. My conveyancer (based 300 miles from meneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing practitioner in Oakley who can witness and place their company stamp on the document?

strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are Oakley based

I am in need of some leasehold conveyancing in Oakley. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and most are in Oakley - 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 inherited a basement flat in Oakley, 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? Similar flats in Oakley with a long lease are worth £211,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2093

You have 67 years left to run we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.

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