Having been suggested to visit your organisation we were about to appoint conveyancing solicitor in Brackley recommended by you but stumbled across some other costs illustrations on the internet seem cheaper – why is this?

One can find plenty of conveyancing organisations promoting self styled cheap conveyancing, but supplementalfees result in the final fee markedly uplifted. Solicitors ought to ensure costs listed in terms and conditions should be equitable and be applied The law firms that we list for conveyancing in Brackley specify all legal fees for the property you plan tobuy.

My Brackley conveyancer has discovered a difference between the information in the valuation survey and what is in the conveyancing documents. My solicitor has advised that he is duty bound to ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s approach legitimate?

Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

We are downsizing from our property in Brackley and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Brackley lawyer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Brackley. We have lived in Brackley for 4 years we know of no issue. Should we contact our local Authority to seek clarification need.

It would appear that you have a conveyancing firm currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)

What is different about your site and alternative internet conveyancing solicitors when it comes to conveyancing in Brackley?

At this site obtain a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Brackley. Unlike many estate agents and many comparison sites we do not have referral arrangements with solicitors. Many agents and online brokers 'recommend' the firm paying the most per referral, as opposed to the best value conveyancing in Brackley

I've recently bought a leasehold flat in Brackley. Do I have any liability for service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Brackley Conveyancing for Leasehold Flats - A selection of Queries before buying

Can you inform me if there are any major works on the horizon that will add a premium to the maintenance fees? Generally speaking the cost for major works are not included within service charges, although there some managing agents in Brackley obliged leasehold owners to pay into a reserve fund and this is used to offset against major repairs or maintenance. You should be aware if it is less than 80 years it will impact the marketability of the property. Check with your bank that they are content with remaining years on the lease. Leases with less than 80 years remaining means that you will most likely need a lease extension at some point and it is worth finding out what this will be. For most Brackleylease extensions you will need to own the residence for 24 months before you are legally able to extend the lease.