My friend's step-father is a conveyancing practitioner. I suspect that I will be offered mate’s fee for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Kineton?

Do contrast pricing. Do use our search tool on this site. You will notice that quotes will vary but service levels do are distinct between law firms as is true with the vast majority of professional services.

AssumingI was to purchase a freehold housein Kineton for cash and dispense with a survey and no conveyancing searches how much should I expect to to save on my conveyancing in Kineton?

The only saving you would achieve is the costs for searches. A solicitor still be obliged to do everything else - money laundering, liaising with the vendors conveyancing practitioner, stamp duty return, register the ownership etc. You might save a bit for them not having to register a charge however it will not be meaningful.

My friend suggested that if I am purchasing in Kineton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes included in the estimate for your Kineton conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Kineton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Kineton.

I'm purchasing a new build house in Kineton with a mortgage from Barclays . The developers refused to reduce the amount so I negotiated 6k of additionals instead. The sale representative advised me not disclose to my solicitor about this deal as it may impact my mortgage with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

What are the frequently found defects that you come across in leases for Kineton properties?

There is nothing unique about leasehold conveyancing in Kineton. All leases are individual and legal mistakes in the legal wording can result in certain sections are not included. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building

A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, Leeds Building Society, and TSB all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to withdraw.

I bought a studio flat in Kineton, conveyancing was carried out August 2004. Can you work out an approximate cost of a lease extension? Similar flats in Kineton with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease finishes on 21st October 2098

With 74 years left to run we estimate the premium for your lease extension to span between £8,600 and £9,800 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 renewing a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.