We are about to exchange contracts for a ground floor flat in Oakwood. We have hit a stumbling block. Our mortgage offer with Britannia runs out on 17/2/2025 but the vendors are suggesting a completion date of 19/2/2025. Can one prolong the mortgage offer?

The person best placed to address this issue is your lawyer who will hopefully calculate if they better off negotiating with the mortgage broker, seller’s solicitors, property agents or indeed all three taking into account what has gone on in your conveyancing to date.

I purchased my apartment on 7 August and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Oakwood advises it would be formalised inside ten days. Are transfers in Oakwood uniquely lengthy to register?

There is nothing unique when it comes to conveyancing in Oakwood registration formalities. As opposed to being determined by geographic area, timescales can adjust subject to who lodges the application, whether there are errors and if the Land registry communicate with any third parties. As of today in the region of 80% of submission are completed within 12 days but occasionally there can be longer hold-ups. Registration occurs once the purchaser has moved in to the property thus registration formalities is not typically primary concern but where there is a degree of urgency associated with the registration then you or your solicitor must communicate with the Registry to express the reasoning for an expedited registration.

Due to the encouragement of my in-laws I had a survey completed on a house in Oakwood before appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies will refuse to give a loan on this type of home.

It depends who your proposed lender is. Santander has different instructions from Nationwide. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Oakwood. Conveyancing will be smoother if you use a solicitor in Oakwood especially if they regularly deal with such properties in Oakwood.

I am using a search engine for the phrase on line conveyancing in Oakwood it brings up numerous conveyancersin the area. How do I determine which is the right property lawyer for me?

The preferential method of finding the right conveyancer is through a personal referral, so enquire of friends and family who have purchased a property in Oakwood or the local estate agent or mortgage broker. Fees for conveyancing in Oakwood differ, so it's advisable to obtain at least four fee estimates from varying types of solicitors. Make sure that you know what costs in the quote includes.

I am on look out for some leasehold conveyancing in Oakwood. Before I set the wheels in motion I require certainty as to the remaining lease term.

Assuming the lease is registered - and almost all are in Oakwood - 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.

Oakwood Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

Are there any major works anticipated that will likely add a premium to the service charges? Does the lease contain onerous restrictions? It is important to be aware if a new roof is being put on or some other major work is coming up that will be shared amongst the leaseholders and will dramatically impact the level of the service costs or necessitate a specific invoice.