We are acquiring our first property. The solicitor has contact usto see if we want to take out additional conveyancing searches. We are really unsure what's appropriate for conveyancing in Waolstenholme

The extent of Waolstenholme conveyancing searches depends entirely on the property, the location, the likelihood of any of these risks, your familiarity of the region and risks, your general approach to risk. What matters is that you properly comprehend what information the searches could give you. Then you can make a decision if you personally think you need that information. Where you are in doubt, ask the solicitor to explain.

We see that you have a search directory listing firms on the Kent Reliance conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Waolstenholme?

We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Waolstenholme.

I'm buying a new build house in Waolstenholme with a loan from The Mortgage Works. The developers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not to tell my solicitor about the side-deal as it will impact my loan with the bank. 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.

In what way can the Landlord & Tenant Act 1954 affect my business property in Waolstenholme and how can your lawyers assist?

The particular law that you refer to gives protection to commercial lessees, giving them the legal entitlement to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Waolstenholme

Expecting to exchange soon on a leasehold property in Waolstenholme. Conveyancing solicitors inform me that they report fully on Monday. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Waolstenholme should include some of the following:

You would want to receive a copy of the lease Will you be prohibited or prevented from having pets in the property? The physical ownership of the demise. This may be the property itself but might include a attic or cellar if relevant. How long the lease is. You should be advised as what happens when the lease expires, and aware of the importance of the 80 year mark

I am the registered owner of a split level flat in Waolstenholme, conveyancing having been completed 9 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Waolstenholme with an extended lease are worth £181,000. The ground rent is £55 yearly. The lease ends on 21st October 2076

With 51 years remaining on your lease we estimate the price of your lease extension to be between £30,400 and £35,200 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.