It has taken forever and a day but a mortgage agreement from Nationwide for the refinancing of my 3 bedroom maisonette is expected within the next few days. Can you recommend a low cost conveyancing practitioner in Oadby?

You are on the wrong site if you are seeking the cheapest conveyancing in Oadby. We can offer you cost effective conveyancing but our intention is not to advertise as being the cheapest. Do not be swayed by organisations enticing you with £100 conveyancing in Oadby. The optimum result, in going for low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for extras and still not receive the service expected.

We are about to exchange on the purchase of a property in Oadby but as a consequence of damage from the recent storms I have managed to agree compensation from the current proprietors in the sum of three thousand pounds in the form of a deduction in the price. This was going to be dealt with as part of amending the contract however Barclays will not permit this. Why were they notified?

The conveyancing practitioner that is on a Barclays conveyancing panel is obliged to disclose to Barclays of any amendments to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new lawyer for your conveyancing in Oadby.

My wife and I have recently appointed a conveyancing solicitor in Oadby. I need to find out if they are on the Britannia approved list of lawyers. Could you or the lender confirm if they are on the panel?

The first thing you should do is e-mail the lawyer and ask them whether they can act for the bank. Otherwise please get in touch with Britannia who may be able to help.

My wife and I purchased a leasehold house in Oadby. Conveyancing and Virgin Money mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Oadby who acted for me is not around. What should I do?

First make enquiries of HMLR to make sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Oadby conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Leasehold Conveyancing in Oadby - Sample of Questions you should ask before buying

Please inform me if there are any major works on the horizon that will add a premium to the maintenance costs? Most Oadby leasehold flats will incur a service charge for maintenance of the block invoiced on behalf of the management company. Where you acquire the property you will have to pay this liability, normally in instalments during the year. This can be anything from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge to be met yearly, normally this is not a exorbitant sum, say about £50-£100 but you need to check it because on occasion it could be surprisingly expensive. How long is the Lease?

Why can't I complete my conveyancing in Oadby on May bank holiday?

This is due to the fact that on completion the sale price needs to pass between the banks of the buyer and seller's conveyancing practitioner and at present this can only happen on a business day. It is not possible to complete on a weekend either.