Recently been in touch with my conveyancing solicitor in Newark who conducted the legals 18 months ago and wanted a conveyancing estimate based on the same type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a loan from . I am now being charged double. Stick with what I know or do I seek out a cheaper online property lawyer?

The estimate does seem a little on the high side. If you you were to look around you might get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, assuming were happy with the legal work the firm offered you couldlive to regret choosing an an unknown solicitor. If is important to be sure that the conveyancer can act for . Do utilise our search tool to locate a Newark conveyancing firm on the approved list of lawyers, which can often include conveyancing solicitors in Newark.

I have been told that property searches are the main reason for hinderance in Newark house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Newark.

I used Arc property Solicitors a few years past for my conveyancing in Newark. I now require my file but the law firm has closed. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Newark of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I'm buying my first flat in Newark with the aid of help to buy. The builders refused to move on the price so I negotiated £7000 of extras instead. The property agent told me not reveal to my conveyancer about the side-deal as it would affect my mortgage with . Should I keep quiet?.

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.

I have just started marketing my 2 bed apartment in Newark. Conveyancing solicitors are to be appointed soon, however I have just received a yearly service charge demand – should I leave it to the buyer to sort out?

It best that you discharge the service charge as usual given that all ground rent and maintenance charges will be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I acquired a 1 bedroom flat in Newark, conveyancing having been completed in 1995. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Newark with over 90 years remaining are worth £165,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 50

With 50 years remaining on your lease we estimate the price of your lease extension to span between £36,100 and £41,800 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.