I was referred a solicitor who has quoted £1700 for freehold conveyancing in High Wycombe. I’m selling a Georgian house for £300,000. Is this overpriced? Is it in excess of what I should be paying for conveyancing in High Wycombe?

The charges are a bit high. If you shop around you may be able to shave off some of the expense by say £100 plus VAT. That being said, you mightcome to regret choosing an an unknown solicitor. Remember to check the conveyancer can represent your bank. You can use our search tool to find a High Wycombe conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in High Wycombe.

How does conveyancing in High Wycombe differ for newly converted properties?

Most buyers of new build or newly converted property in High Wycombe come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in High Wycombe typically acquire the land, 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 conveyancing solicitors 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 High Wycombe or who has acted in the same development.

I decided to have a survey carried out on a house in High Wycombe in advance of retaining lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks will refuse to issue a mortgage on such a property.

It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in High Wycombe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in High Wycombe to see if the conveyancing will be more expensive.

As co-executor for the estate of my aunt I am selling a house in Newport but reside in High Wycombe. My solicitor (approximately 250 miles from merequires that I execute a stat dec ahead of completion. Could you suggest a conveyancing lawyer in High Wycombe to attest this legal document for me?

Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are High Wycombe based

I am attracted to a two maisonettes in High Wycombe both have about forty five years remaining on the lease term. Will this present a problem?

There are plenty of short leases in High Wycombe. The lease is a right to use the property for a period of time. As the lease shortens the value of the lease reduces and results in it becoming more costly to extend the lease. This is why it is often a good idea to extend the lease term. More often than not it is difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this field.

I own a ground floor flat in High Wycombe, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar properties in High Wycombe with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ceases on 21st October 2095

With just 71 years remaining on your lease the likely cost is going to be between £9,500 and £11,000 plus professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.