I am in the throes of porting my existing standard home loan to a BTL HSBC Bank mortgage. I was told by my financial advisor that I must appoint a conveyancer as part of the process. I spoke to my former Datchet and Langley conveyancing practitioner who who did the conveyancing when I previously bought the premises. The pricing estimate they've given of £450 plus VAT is surprising as I am not require purchase conveyancing - it’s simply a straightforward remortgage.

The estimate does seem a tad overpriced. If you you were to look around you may be able to trim some of the cost by say £125. On the other hand, assuming were pleased with the assistance the firm offered you maylive to regret opting for an a cheaper solicitor. If is important to ensure the conveyancer can act for HSBC Bank. Do utilise our search tool to get a quote a Datchet and Langley conveyancing firm on the HSBC Bank member panel, which can often include conveyancing solicitors in Datchet and Langley.

I am purchasing my first flat in Datchet and Langley with a loan from Birmingham Midshires. The developers would not reduce the price so I negotiated 6k of extras instead. The sale representative advised me not to tell my lawyer about this deal as it would jeopardize my loan with Birmingham Midshires. 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.

I am looking for a flat up to £235,500 and identified one round the corner in Datchet and Langley I like with a park and station nearby, however it's only got 51 years unexpired on the lease. There is not much else in Datchet and Langley suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage that many years will likely be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass 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 consult your conveyancing lawyer concerning this.

I need to find a conveyancing solicitor for purchase conveyancing in Datchet and Langley. I have discover a site which looks to be the perfect solution If it is possible to get all this stuff completed via email that would be ideal. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am attracted to a couple of maisonettes in Datchet and Langley which have approximately forty five years remaining on the leases. Will this present a problem?

There is no doubt about it. A leasehold apartment in Datchet and Langley is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to zero years unexpired, the more it reduces the value of the property. For most purchasers and lenders, leases with under eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Datchet and Langley conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Having spent months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Datchet and Langley. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Most definitely. We are happy to put you in touch with a Datchet and Langley conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Datchet and Langley premises is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case related to 2 flats. The unexpired term as at the valuation date was 69 years.