Unfortunately I am unable to travel far from Oxshott. Can you please clarify why all Oxshott conveyancers aren't automatically on all mortgage company panels?
Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or solicitor’s viewpoint, the the contrary view is that lenders are becoming ever more anxious and regard it crucial to defend themselves from illegal activities. As a consequence of this concern mortgage companies have restricted their panel of approved conveyancing lawyers to a size that they are happy to control.
Would the conveyancing lawyers via your comparison service handle attended exchange conveyancing in Oxshott?
We do have a number of conveyancing experts who can conduct 24hr exchanges. Please e-mail us to get a conveyancing quote and details as to dates.
Is it the case that all Oxshott solicitors on the Nottingham conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Nottingham conveyancing panel they would need to be regulated by the SRA. The majority of lenders do permit licenced conveyancers on their panel in which case such organisation would be governed by the CLC.
How can we tell if a Oxshott conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Oxshott seeking recommendations is a good starting point. 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 lawyer handling your transaction.
Having read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Oxshott solicitor - who is on the Aldermore conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Oxshott postcode. As you are getting a mortgage with Aldermore, you could contact them to see if they have a list of approved surveyors in Oxshott.
How does conveyancing in Oxshott differ for new build properties?
Most buyers of new build premises in Oxshott come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Oxshott usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Oxshott or who has acted in the same development.
I am looking for a flat up to £245,000 and identified one near me in Oxshott I like with open areas and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Oxshott in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.