What is the most effective way to search for the right solicitor who can provide a high level service for my conveyancing in Banbury?

Option 1 is to ask relatives who they would recommend.

Second, search the internet for conveyancing in Banbury. Pick up the phone to a couple or more firms from the list and request that they send you their conveyancing quote and have a conversation with the lawyer who will oversee your conveyancing ahead ofmaking your decision.

Option 3 is to use our search tool to assist you in finding the right solicitors taking into account your unique requirements including location,speed, complications and who your intended lender is. Do not be teased by £100 conveyancing in Banbury

I got the keys to my home on 9 February and the transaction details are still not registered. Any reason for this? My conveyancing solicitor in Banbury advises it will be formalised inside ten days. Are properties in Banbury particularly slow to register?

There is nothing unique when it comes to conveyancing in Banbury registration formalities. Rather than based on location, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry communicate with any interested parties. As of today approximately 80% of such applications are completed in less than three weeks but some can be subject to longer hold-ups. Historically registration occurs once the new owner has moved in to the property so registration formalities is not always top priority but if it is urgent that the the registration takes place urgently then you or your lawyers should communicate with the Registry to express the reasoning for the application to be prioritised.

About to purchase a new build flat in Banbury. Conveyancing is a frightening process 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.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Banbury

There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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.

My husband and I are new on the property ladder - had an offer accepted, yet the estate agent told us that the owners will only proceed if we instruct the agent's chosen solicitors as they need a ‘quick sale’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Banbury

It is highly unlikely the owners are driving this. Should the owner require ‘a quick sale', alienating a serious purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are ready to go, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you will continue to use your preferred Banbury conveyancing lawyers - not the ones that will earn their negotiator at the agency a kickback or achieve conveyancing targets pre-set by corporate headquarters.

I am in need of some leasehold conveyancing in Banbury. Before diving in I require certainty as to the unexpired term of the lease.

If the lease is registered - and most are in Banbury - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a ground floor flat in Banbury, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Banbury with over 90 years remaining are worth £195,000. The ground rent is £45 charged once a year. The lease ceases on 21st October 2087

With just 63 years unexpired we estimate the price of your lease extension to range between £16,200 and £18,600 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.