I am in the throes of porting my domestic mortgage to a BTL Yorkshire Building Society mortgage. The bank has said that I require a lawyer for this. I spoke to my former Shrivenham conveyancing solicitor who who conducted the conveyancing when I previously purchased the premises. The quote sent of £500 has surprised me as its a remortgage than a sale or purchase.

The quote is fractionally on the expensive side. If you are content to expend time contrasting prices you might decrease the fees marginally by as much as £100 plus VAT. On the other hand, assuming were pleased with the legal work the firm gave you couldcome to regret choosing an an unknown solicitor. Remember to ensure the solicitor can also act for Yorkshire Building Society. Do employ our search tool to choose a Shrivenham conveyancing firm on the Yorkshire Building Society member panel, which can often include conveyancing solicitors in Shrivenham.

At what point will exchange of contracts take place for sale conveyancing in Shrivenham and do I need to be at the conveyancers branch?

If you are in close proximity to our conveyancing solicitors in Shrivenham you are invited in to sign documents. That being said, the firms we recommend provide a countrywide conveyancing service and provide just as diligent and professional a job for you when dealing with you digitally. The signing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Shrivenham)to be in the office available at the end of the phone to exchange contracts.

I am buying my first flat in Shrivenham with a mortgage from HSBC Bank. The sellers would not move on the amount so I negotiated 6k of additionals instead. The sale representative suggested that I not reveal to my conveyancer about the side-deal as it could put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.

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.

Estate agents have just been given the go-ahead to market my ground floor apartment in Shrivenham. Conveyancing has not commenced, however I have just received a quarterly maintenance charge demand – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should pay the service charge as usual because all ground rent and service charges will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies 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. Having a clear account will assist your cause and will leave you no worse off financially.

I acquired a garden flat in Shrivenham, conveyancing formalities finalised 5 years ago. How much will my lease extension cost? Corresponding flats in Shrivenham with a long lease are worth £197,000. The ground rent is £55 levied per year. The lease runs out on 21st October 2080

You have 55 years unexpired the likely cost is going to be between £31,400 and £36,200 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.

My intention is to acquire a ground floor apartment in Shrivenham. Conveyancing solicitor is awaiting, from the seller, building insurance paperwork. I was told today I was advised that the owner must send the insurance paperwork for the flat above as well. Why would my conveyancer want to review the insurance for the other flat? Is it really required? We have been waiting for the last 4 weeks…

It is not unheard of in leasehold conveyancing in Shrivenham to discover Conveyancing in Shrivenham in a minority of cases reveals that the lease requires the tenant's to insure their individual flats as opposed to the freeholder insuring the whole block - which is definitely better. Do clarify with your conveyancing practitioner but it would appear that your conveyancer is attempting to establish that the whole building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated for lack of insurance.