Me and my partner are soon to exchange on the purchase of a house in Brecon but as a result of wreckage from some water damage at the property I have was able negotiate compensation from the current proprietors in the sum of three thousand pounds by way of a reduction in the price. I had intended this to be dealt with as part of amending the contract yet will not agree to this. Why were they involved?

Your that is on the conveyancing panel is obliged to advise of any amendments to the purchase price. If you prohibit your to disclose the reduction to then they would have to discontinue acting for you. In addition, and you would have to appoint a new for your conveyancing in Brecon.

I am buying my first flat in Brecon benefiting from help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my lawyer about the deal as it could put at risk my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Is it possible to transfer to a new conveyancer as I have to appoint a firm on the conveyancing list. I instructed a family conveyancing solicitor in Brecon five minutes from me but the firm is not accepted by

We will our best to assist in finding you a conveyancing solicitor in Brecon on the panel. Please note that the solicitors that we work with do not pay us fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Brecon. In utilising search facility on this website, you can compare costs for conveyancing solicitors in Brecon and beyond.

As co-executor for the estate of my aunt I am selling a house in Newport but I am based in Brecon. My solicitor (based 200 miles awayrequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Brecon to witness this legal document for me?

Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are based in Brecon

I inherited a studio flat in Brecon, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Brecon with a long lease are worth £165,000. The ground rent is £45 invoiced annually. The lease ends on 21st October 50

With 50 years remaining on your lease the likely cost is going to range between £36,100 and £41,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.