My wife and I are intent on acquiring residence in Chipping Norton. My property lawyer is not listed on the lender approved panel. Can I still use my Chipping Norton conveyancing solicitor even though they are not on the mortgage company approved list?

One must appoint a conveyancer to deal with the formalities if you need a mortgage to buy your property. They will conduct all the necessary investigations on the property, ensuring that you’re properly registered as the owner and ensure that all the necessary mortgage paperwork is in place. You can select a Chipping Norton conveyancing practitioner of your choice. Nevertheless, if the conveyancing practitioner selected is not on the mortgage company approved list additional costs will arise as separate legal representation will be required by them. Lender panel applications may be submitted, so where your lawyer has not in the past applied for membership they should take the chance to apply.

I am buying a victorian detached house in Chipping Norton. The intention is to carry out an extension to the side at the property.Will the conveyancing process involve enquiries to see if these works are permitted?

Your solicitor will check the registered title as conveyancing in Chipping Norton will occasionally reveal restrictions in the title deeds which prohibit categories of works or need the consent of a 3rd party. Certain additions call for local authority planning consent and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.

Two weeks ago we had a mortgage agreed in principle with Leeds Building Society. Chipping Norton conveyancing practitioners are appointed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?

There is no definitive answer here. Have Leeds Building Society completed the survey? Have you advised Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

My offer on a property in Chipping Norton has been accepted, the owners do however have an associated purchase. The owners have put an offer on on an apartment, however it’s not yet tied up, and are looking at other apartments in the pipeline. I have selected a high street conveyancing solicitor in Chipping Norton. What do I do now? At what point should I apply for the mortgage with Clydesdale?

It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Chipping Norton conveyancing search fees, etc). First, you should check that your conveyancer is on the Clydesdale approved list. Concerning the subsequent stages this very much dictated by the uniqueness of your transaction, motivation for the property and on the state of the market. During a rising market many purchasers will apply for the mortgage with Clydesdale and arrange for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.

Just had an offer accepted on a new build flat in Chipping Norton. 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 conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chipping Norton

Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared.

Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Chipping Norton I like with amenity areas and transport links nearby, however it only has 51 years on the lease. There is not much else in Chipping Norton in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a home loan the shortness of the lease will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.

My company is intending to lease a unit on the high street. Can you recommend solicitors offering competitive fees for commercial conveyancing in Chipping Norton for below £1,200?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Chipping Norton, including the sale and acquisition of businesses as well as simply property. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. As for the fees this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or call so as to enable us to provide you with a fixed commercial conveyancing calculation.