We are about to exchange contracts for a garden flat in Oldbury. We encountered a problem. The loan offer with The Royal Bank of Scotland expires on 25/11/2025 but the vendors are putting forward a completion date of 27/11/2025. Is it possible to extend the mortgage offer?
The best person to address this issue is your conveyancer who is in a position to determine whether he or she is corresponding with the mortgage company, seller’s lawyers, estate agents or conceivably all three given what has gone on in your transaction as of today.
Me and my partner are purchasing a apartment in Oldbury. I might seem paranoid but how we can trust a lawyer? At some point we will need to put funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
How can we tell if a Oldbury conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Oldbury seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the solicitor carrying out your transaction.
We are getting a further advance on our mortgage from Kent Reliance as we want to conduct improvements to our house in Oldbury. Do we need to choose a bricks and mortar Oldbury solicitor on the Kent Reliance conveyancing panel to handle the paperwork?
Kent Reliance don't usually appoint a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance list.
Me and my brother have a 4 bedroom Georgian house in Oldbury. Conveyancing lawyer represented me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Oldbury and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Oldbury is where the house is located. Can you offer any advice?
Flying freeholds in Oldbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Oldbury you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Oldbury may determine 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.
Given that I am about to part with 450k on 3 bedroom house in Oldbury I would like to talk to a solicitor regarding thehouse move before instructing 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 solicitor who will be conducting your conveyancing in Oldbury.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The law firms that we put you in touch with believe that the fees you are quoted for your conveyancing in Oldbury should be the figure that you end up paying.