As a first time buyer what is the most important advice you can give me regarding purchase conveyancing in Goring?

Not many law firms or advisers will tell you this but conveyancing in Goring or throughout Oxfordshire is an adversarial process. In other words, when it comes to conveyancing there is lots of room for friction between you and others involved in the ownership transfer. E.g., the seller, estate agent and sometimes a bank. Selecting a solicitor for your conveyancing in Goring should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the transaction whose interest is to protect your legal interests and to keep you safe.

There is a distinct creep in the "blame" culture- someone must be at fault for the process being so protracted. We recommend that you your first instinct should be to trust your solicitor ahead of all other parties in the home moving process.

five months have gone by since my purchase conveyancing in Goring completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I opted to have a survey done on a property in Goring before instructing lawyers. I have been informed that there is a flying freehold element to the house. My surveyor advised that some mortgage companies may not grant a loan on such a property.

It varies from the lender to lender. Lloyds has different instructions from Nationwide. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Goring. Conveyancing will be smoother if you use a solicitor in Goring especially if they are acquainted with such properties in Goring.

My partner has suggested that I use his conveyancing solicitors in Goring. Should I choose my own solicitor?

Much as we are happy to recommend a Goring conveyancing lawyer it’s preferable to find a conveyancing practitioner is to get guidance from friends or relatives who have used the conveyancer that you are contemplating using.

I am looking at a two flats in Goring which have in the region of 50 years unexpired on the leases. should I be concerned?

There are plenty of short leases in Goring. The lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease shortens the saleability of the lease reduces and it becomes more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this field.

I acquired a ground floor flat in Goring, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Goring with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease expires on 21st October 2105

With only 80 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.