My previous conveyancer has quoted £995 for fixed fee conveyancing in Oundle. I’m looking to sell a modern property for £225,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Oundle?

The estimate does seem marginally steep. Where you are prepared to spend time scrutinising charges you might decrease the fees marginally by as much as a hundred pounds. That being said, you maylive to rue opting for an a cheaper conveyancer. Remember to be sure that the conveyancer can also act for your mortgage company. You can employ our search tool to locate a Oundle conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Oundle.

Finally the sale completed on my house in Oundle last February but my buyer keeps SMS messaging every few hours to moan that their lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?

Following your sale your conveyancer is obliged to send the transfer deeds and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer must also send confirmation that the mortgage has been repaid to the buyers lawyers. There is unlikely to be post completion procedures just for conveyancing in Oundle.

We are purchasing a apartment in Oundle. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit funds into their account. What is the protection 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.

Is there a list of panel solicitors in Oundle on the Building Society Association’s Website?

Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings open the public on the web. If you are in need of a Oundle on the please use our facility.

The formalities of my remortgage has taken place for my property in Oundle. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?

Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.

I decided to have a survey completed on a house in Oundle ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders tend not give a loan on such a property.

It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Oundle. Conveyancing may be slightly more expensive based on your lender's requirements.

I am tempted by the attractive purchase price for a two maisonettes in Oundle both have about 50 years left on the lease term. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Oundle. The lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the value of the lease deteriorates and it becomes more expensive to acquire a lease extension. For this reason it is advisable to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease extension can be a protracted process. We advise that you get professional assistance from a solicitor and surveyor with experience in this area.

I inherited a split level flat in Oundle, conveyancing having been completed 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Oundle with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease ceases on 21st October 50

With just 50 years left to run we estimate the price of your lease extension to range between £36,100 and £41,800 plus costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.