Me and my partner are soon to complete buying a property in Great Ayton but as a result of wreckage from the recent storms I have was able negotiate recompense from the owner in the sum of £2k by way of a adjustment in the price. I had intended this to be addressed as part of a side agreement but Bank of Ireland will not agree to this. Should they have been approached?

Your conveyancer that is on a Bank of Ireland conveyancing panel is duty bound to inform Bank of Ireland of any amendments to the purchase price. If you prohibit your conveyancing practitioner to notify the price change to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new property lawyer for your conveyancing in Great Ayton.

I'm buying my first flat in Great Ayton with the aid of help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of extras instead. The estate agent told me not disclose to my lawyer about the extras as it would jeopardize my loan with the bank. Should I keep quiet?.

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 selling my house. My previous solicitors have shut. I am in need of a recommendation of a conveyancing firm. Im based in Great Ayton if that makes a difference.

You should use our search tool to help you find a solicitor for your conveyancing in Great Ayton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.

There are only Sixty One years remaining on my flat in Great Ayton. I now want to get lease extension but my freeholder is can not be found. What are my options?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to prove that you have made all reasonable attempts to track down the freeholder. For most situations a specialist should be useful to conduct investigations and prepare an expert document which can be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a solicitor in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Great Ayton.

I acquired a 1 bedroom flat in Great Ayton, conveyancing having been completed July 2008. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Great Ayton with a long lease are worth £165,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2104

With 78 years left to run we estimate the price of your lease extension to span between £7,600 and £8,800 plus professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

Online reading suggests that Great Ayton solicitors are more expensive than licensed conveyancers in Great Ayton to use when purchasing a house. Am I better off using a conveyancer or a solicitor if I am buying a property in Great Ayton.

When it comes to conveyancing in Great Ayton the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.