When it comes to mortgage companies such as Skipton, do Oxfordshire solicitors face an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We had chosen solicitors with offices in Oxfordshire on the Co-operative solicitor panel. They have just invoiced me a further fee for handling the Co-operative mortgage. Is this an additional conveyancing fee set by Co-operative?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your solicitor is entitled to levy a fee for this. This charge is not set by Co-operative but by your Oxfordshire conveyancing practitioner. Some firms on the Co-operative panel will quote ’dealing with mortgage’ fee and others do not.
The mortgage over my property is with HSBC for my property in Oxfordshire. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
Your original mortgage agreement with HSBC will provide that you need their approval prior to letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel lawyer.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a residence in Oxfordshire? or I am told that there is an ancient law that could mean that house owners living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this applicable for conveyancing in Oxfordshire?
Unless a prior acquisition of the premises took place after 12 October 2013 you may take it that solicitors carrying out conveyancing in Oxfordshire to continue to advocate a chancel search and or insurance against a claim.
It has been five months following my purchase conveyancing in Oxfordshire took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What does commercial conveyancing in Oxfordshire cover?
Oxfordshire conveyancing for business premises incorporates a broad range of advice, offered by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
I need to retain a conveyancing solicitor for residential conveyancing in Oxfordshire. I have chance upon a site which appears to be the perfect answer If it is possible to get all this stuff completed via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?