We hope to to buy with Loughborough BS. We have called around locally yet cant to find a Cotham conveyancing firm on the Loughborough BS approved list. Could you help?

You should take advantage of the find a lender approved solicitor tool on this web page. Please choose the mortgage company and type Cotham or your preferred area and you will see a number of lawyer based in Cotham or nearest you.

I am purchasing my first flat in Cotham benefiting from help to buy. The sellers refused to budge the price so I negotiated £7000 of extras instead. The sale representative advised me not inform my conveyancer about this extras as it may adversely affect my mortgage with the bank. 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.

Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Cotham is where the house is located. Can you offer any opinion?

Flying freeholds in Cotham are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Cotham you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cotham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Given that I am about to part with 450k on a terraced house in Cotham I wish to have a conversation with the conveyancer about mytransaction prior to appointing the firm. Is this something that you can arrange?

Absolutely - we would be delighted to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your property ownership legalities in Cotham.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter number. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Cotham should be the figure that you are charged.

I am intending to sublet my leasehold flat in Cotham. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?

The lease governs relations between the freeholder and you the flat owner; specifically, it will set out if subletting is prohibited, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Cotham do not prevent an absolute prevention of subletting – such a provision would adversely affect the market value the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.

Cotham Conveyancing for Leasehold Flats - Examples of Queries Prior to buying

You should be aware that where the lease has fewer than eighty years it will affect the salability of the flat. It is worth checking with your bank that they are content with the length of the lease. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and you need to have some idea of how much this will be. For most Cothamlease extensions you will need to own the residence for two years before you are entitled to exercise a lease extension. Generally speaking the cost for major works are not included within service charges, albeit that a few managing agents in Cotham obliged leaseholders to pay into a sinking fund and this is used to offset against larger repairs or maintenance. How many of the leaseholders are in arrears for their maintenance charge payments?