My wife and I are purchasing a brand new duplex in Kibworth Beauchamp and my solicitor is telling me that she is duty bound to the mortgage company to reveal incentives from the developer. The Estate Agents are hassling me to exchange contracts and I would rather not delay deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

We are purchasing a house and require a conveyancing solicitor in Kibworth Beauchamp who is on the Lloyds approved panel. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Kibworth Beauchamp.

Given that I will soon spend 450k on a terraced house in Kibworth Beauchamp I would like to have a conversation with the solicitor regarding thehouse move prior to giving the go ahead to the firm. Is this something that you can arrange?

Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer who will be conducting your property ownership legalities in Kibworth Beauchamp.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Kibworth Beauchamp should be the figure that you end up paying.

I've found a house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently found out that it's a leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Kibworth Beauchamp. Conveyancing solicitors have are soon to be instructed. Will they explain the issues?

The majority of houses in Kibworth Beauchamp are freehold and not leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are purchasing in Kibworth Beauchamp in which case you should be shopping around for a Kibworth Beauchamp conveyancing practitioner and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as requiring the landlord’spermission to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the estate where the property is part of an estate. Your conveyancer will advise you fully on all the issues.

I invested in buying a ground floor flat in Kibworth Beauchamp, conveyancing formalities finalised 5 years ago. How much will my lease extension cost? Comparable properties in Kibworth Beauchamp with an extended lease are worth £171,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2105

With 79 years remaining on your lease we estimate the price of your lease extension to be between £8,600 and £9,800 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.

My wife and I have chosen a Kibworth Beauchamp conveyancing solicitor for our house purchase (FTB’s) and have picked up in the Ts and Cs that they are not regulated by the FCA. Need I be worried or is that usually the case with lawyer?

We can't see why they should be. Most lawyer don't lend money. They should be governed by the SRA, who have specific conditions covering monies sitting on client account.