Recently contacted my conveyancing solicitor in Clophill who conducted the legals 18 months ago requesting a conveyancing quote based on an identical type of house move (a leasehold residence and a freehold property) of almost identical values with a loan from Birmingham Midshires. I am now being charged twice the amount. Am I right to be tempted to shop around for a cheaper online firm of conveyancing solicitor?

The quote is slightly on the expensive side. If you you were to look around you could shave off some of the expense by say £125. On the other hand, assuming were happy with the assistance the firm gave you mightcome to rue choosing an a cheaper solicitor. Don't forget to ensure the conveyancer can represent Birmingham Midshires. You can utilise our search tool to locate a Clophill conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Clophill.

I have been told that property searches are the number one cause of obstruction in Clophill house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Clophill.

I am purchasing my first flat in Clophill with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not disclose to my lawyer about the side-deal as it would adversely affect my loan with TSB. Is this normal?.

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 have been on the look out for a ground for flat up to £195,000 and identified one close by in Clophill I like with amenity areas and station nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Clophill for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a mortgage the shortness of the lease will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.

I am on look out for some leasehold conveyancing in Clophill. Before I get started I want to be sure as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and almost all are in Clophill - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I acquired a ground floor flat in Clophill, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Clophill with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease expires on 21st October 2099

With only 74 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.