Why is leasehold purchase conveyancing in Lechlade costs more?

Lechlade leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

We had selected conveyancers located in Lechlade on the Principality solicitor panel. They are now charging me a supplemental charge for dealing with the Principality mortgage. Is this an additional conveyancing fee set by Principality?

Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your lawyer can charge a fee for this. This fee is not set by Principality but by your Lechlade solicitor. Numerous firms on the Principality panel will levy ’dealing with mortgage’ fee and others do not.

We were going to get a OIP from UBS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Lechlade solicitors on the UBS conveyancing panel, or is it better to go independently?

You will need to appoint Lechlade solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.

The formalities of my purchase has taken place for my property in Lechlade. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?

All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.

I'm purchasing my first flat in Lechlade benefiting from help to buy. The sellers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not reveal to my conveyancer about the extras as it will impact my mortgage with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Lechlade is the location of the property. What do you suggest?

Flying freeholds in Lechlade are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lechlade you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lechlade may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Hoping to buy a property located in Lechlade and I am already nervous. I couldn't find anything specific about Lechlade. Conveyancing will be needed in due course but do you know about the Lechlade area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Lechlade. In the meantime here are some basic statistics that we found