I was informed recently by my mortgage broker that my Henley On Thames the law firm I have appointed is not on the bank Solicitor panel. What can I do to check?

You need to contact your Henley On Thames conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.

My nephew is buying a house that has just been built in Henley On Thames with a home loan from Yorkshire BS. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?

The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Yorkshire BS conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

How does conveyancing in Henley On Thames differ for newly converted properties?

Most buyers of new build property in Henley On Thames contact us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Henley On Thames tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Henley On Thames or who has acted in the same development.

My cousin has recommend that I use his conveyancing solicitors in Henley On Thames. Do I follow his recommendation?

No doubt the ideal way to choose a conveyancing lawyer is to get guidance from friends or relatives who have actually experience in using the conveyancer that you are contemplating using.

I am hoping to put an offer on a small detached house that seems to be perfect, at a great price which is making it all the more appealing. I have since found out that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Henley On Thames. Conveyancing lawyers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Henley On Thames ?

Most houses in Henley On Thames are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Henley On Thames so you should seriously consider looking for a Henley On Thames conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as requiring the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your solicitor will advise you fully on all the issues.

Henley On Thames Leasehold Conveyancing - Examples of Queries before buying

The answer will be helpful as a) areas could result in problems in the block as the common areas may start to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the managing agents you will want to know about it What is the name of the managing agents? Make sure you find out if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being permitted in in a block in Henley On Thames. If you like the flatin Henley On Thames yet your dog can’t move with you then you have a very difficult determination.