Me and my wife are acquiring our first property. The solicitor has e-mailedto check if we wish to purchase extra conveyancing searches. Frankly we have no idea as to what's appropriate for conveyancing in Burton upon Stather

The range of Burton upon Stather conveyancing searches should be dictated entirely on the premises, the location, the possibility of any of these risks, your knowledge of the area and risks, your overall attitude to risk. What is important is that you adequately appreciate what information the searches could give you. You may then decide if you consider that you need that information. Should you be uncertain, ask your lawyer to guide you.

Do the Building Society Association intend to launch a online directory to to identify firms on the Norwich and Peterborough Building Society conveyancing panel for example in Burton upon Stather?

We have not been informed any intention on the part of the BSA to develop such a register.

I am buying a new build house in Burton upon Stather with a loan from Norwich and Peterborough Building Society. The developers would not budge the price so I negotiated £7000 of extras instead. The house builders rep advised me not reveal to my solicitor about this deal as it will adversely affect my mortgage with the lender. Should I keep quiet?.

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.

I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have since been informed that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Burton upon Stather. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?

The majority of houses in Burton upon Stather are freehold and not leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can assist with the conveyancing process. it is apparent that you are purchasing in Burton upon Stather so you should seriously consider looking for a Burton upon Stather conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your lawyer should appraise you on the various issues.

I am the registered owner of a leasehold flat in Burton upon Stather, conveyancing formalities finalised 7 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Burton upon Stather with a long lease are worth £165,000. The ground rent is £50 invoiced annually. The lease terminates on 21st October 2103

With only 78 years unexpired the likely cost is going to span between £7,600 and £8,800 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. Do 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. You should not move forward based on this information before getting professional advice.

Your search tool is useful but there are many lawyers listed near Burton upon Stather being on the lender conveyancing panel. Can you recommend a specific firm on the mortgage company approved panel?

We do not recommend specific Burton upon Stather firms as the right Burton upon Stather conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Burton upon Stather knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..