At what point can the exchange of contracts happen for domestic conveyancing in Oxfordshire and am I required to be at the solicitors office?

Where you are in close proximity to our conveyancing solicitors in Oxfordshire you are invited in to sign the paperwork. However, the law practices we work with supply countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when dealing with you electronically. The signing of the purchase agreement is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Oxfordshire)to be in the office at the appropriate time.

A colleague advised me that if I am purchasing in Oxfordshire I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually included in the estimate for your Oxfordshire conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Oxfordshire around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Oxfordshire Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Oxfordshire Education with plans and statistics, Local Amenities and other useful data regarding Oxfordshire.

Just had an offer accepted on a new build flat in Oxfordshire. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Oxfordshire

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I am hoping to exchange soon on a studio apartment in Oxfordshire. Conveyancing solicitors assured me that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Oxfordshire should include some of the following:

Whether your lease has a provision for a reserve fund for major works? Are you allowed to have a pet in the flat? What you can do if a neighbour breaches a clause of their lease? The unexpired lease term. You should be advised as what happens when the lease ends, and aware of the importance of not letting the lease term falling below eighty years

Leasehold Conveyancing in Oxfordshire - A selection of Queries Prior to Purchasing

Who are the managing agents? If a Oxfordshire lease has no more than eighty years it will affect the value of the flat. Check with your bank that they are happy with residual term of the lease. Leases with fewer than 80 years remaining means that you will most likely require a lease extension sooner rather than later and you need to have some idea of how much this will be. Remember, in most cases you will be required to have been the owner of the residence for 24 months in order to be legally able to extend the lease. The best form of lease structure is a share of the freehold. In this situation the lessees have control and although a managing agent is often retained if the building is bigger than a house conversion, the managing agent retained by the leaseholders.

I am looking to sell a parking space which is on a separate legal title at HMLR asking for 22k, to clear debts. There is a mortgage with Santander. Please can you suggest a cheapish lawyer as the conventional £600-£700 diminishes the return somewhat. Although I live in Oxfordshire I dont have to use a Oxfordshire conveyancing practitioner.

LenderPanel.com is limited to being a directory service for property lawyers who want to be listed as being on the approved conveyancing panel for Santander in certain locations such as Oxfordshire . Our intention is not to recommend any particular lawyer.