Are the South Oxhey conveyancing solicitors identified as being on the Lloyds conveyancing panel, together with their details provided by Lloyds?

South Oxhey conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.

My aunt advised me that in purchasing a property in South Oxhey there may be various restrictions prohibiting external alterations to a property. Is this right?

There are a number of properties in South Oxhey which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in South Oxhey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

We had selected conveyancers with offices in South Oxhey on the TSB solicitor panel. They have just invoiced me a supplemental sum for handling the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?

Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your conveyancing practitioner can levy a fee for this. This charge is not set by TSB but by your South Oxhey conveyancing practitioner. Some firms on the TSB panel will quote ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.

UBS have agreed my mortgage in principle, my bid on a apartment in South Oxhey has been accepted, what are the next steps?

Your property agent will need to be informed of your lawyer's details (make sure the conveyancers are on the bank’s panel). Contact UBS or your broker and complete any outstanding documentation. UBS will appoint a valuer who will get in touch with the estate agent or seller to arrange a time for the valuation to take place. Once carried out (assuming no problems) it takes on average ten days for the mortgage offer to be issued. UBS will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in South Oxhey.

I am buying a new build flat in South Oxhey. Conveyancing is necessary evil 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 is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in South Oxhey

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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a flat up to £305k and found one close by in South Oxhey I like with open areas and railway links nearby, however it's only got 49 remaining years left on the lease. I can't really find anything else in South Oxhey for this price, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the remaining unexpired lease term may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

I need to appoint a conveyancing solicitor for leasehold conveyancing in South Oxhey. I've land on a web site which appears to be the ideal offering If there is a chance to get all this stuff done via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?