I'm buying a new build house in Newbury Park with the aid of help to buy. The builders would not budge the price so I negotiated £7000 of additionals instead. The estate agent suggested that I not inform my lawyer about this extras as it may affect my loan with the lender. Is this normal?.

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

Due to the input of my in-laws I had a survey completed on a house in Newbury Park ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some banks will refuse to give a mortgage on such a home.

It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Newbury Park. Conveyancing may be slightly more expensive based on your lender's requirements.

I have been advised by a number of property agents in Newbury Park to select a conveyancer on your site. Is there a financial incentive for Estate Agents to recommend your services ahead of another?

We don’t offer any financial incentive for directing people our way. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.

We're first time buyers - had an offer accepted, yet the agent has warned us that the vendor will only go ahead if we use their chosen conveyancers as they need an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Newbury Park

It is unlikely the sellers are driving this. If they desire ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Contact the vendors directly and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances arranged © you are chain free (d) you wish to move quickly (e)however you are going to instruct your preferred Newbury Park conveyancing solicitors - not the ones that will earn the estate agent a introducer fee or achieve conveyancing thresholds demanded by HQ.

I am in need of some leasehold conveyancing in Newbury Park. Before diving in I want to be sure as to the unexpired term of the lease.

Assuming the lease is registered - and 99.9% are in Newbury Park - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

My wife and I have hit a brick wall in trying to purchase the freehold in Newbury Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?

if there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to determine the price payable.

An example of a Lease Extension matter before the tribunal for a Newbury Park property is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case related to 1 flat. The unexpired lease term was 60.29 years.