IfI were to acquire a freehold housein Great Missenden mortgage fee and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Great Missenden?

Any savings you would achieve would be isolated to the Great Missenden conveyancing searches. Your solicitor is required to do the vast majority of work - money laundering, correspond with your vendors conveyancing practitioner, stamp duty return, register the ownership etc. A marginal saving might be made by not needing to register a mortgage however it won't be a lot.

What does my ID and proof of funds have anything to do with my conveyancing in Great Missenden? Why is this being asked of me?

You are right in these requests have nothing to do with conveyancing in Great Missenden. Nowadays you can not proceed with any conveyancing process without first handing over evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are supplying your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not acceptable without the other.

Verification of the source of monies is required in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must retain this information on record. Your Great Missenden conveyancing lawyer will require evidence of proof of funds before they are able to accept any funds from you into their client account and they will also ask further questions concerning the source of monies.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Great Missenden is the location of the property. Is there any guidance you can give?

Flying freeholds in Great Missenden are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Great Missenden you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Great Missenden may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

What are your top tips when it comes to appointing a Great Missenden conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a conveyancer for your lease extension (regardless if they are a Great Missenden conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Great Missenden conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:

What volume of lease extensions have they conducted in Great Missenden in the last twenty four months? Can they put you in touch with clients in Great Missenden who can give a testimonial?

I bought a garden flat in Great Missenden, conveyancing was carried out in 2001. Can you work out an approximate cost of a lease extension? Comparable flats in Great Missenden with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2093

With only 69 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.

My husband and I intend to purchase our first home in Great Missenden. Conveyancing solicitor already instructed. The broker suggested that a survey is not necessary as the house was only built 16 yrs ago.

At the very least you should have a Home Buyer's Report. As the premises was constructed more than a decade ago the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report could be sufficient. They will highlight any apparent issues and suggest additional investigation if relevant. Where there are any indications of material issues obtain a full structural survey.