Much to our surprise we have been notified by our mortgage adviser that my Wraysbury the law firm I have appointed is not on the bank Conveyancing panel. What can I do to be sure whether this is correct?

Your first step should be to contact your Wraysbury conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they may recommend you to a Wraysbury conveyancing practice that is on the conveyancing panel for your lender.

As someone unfamiliar with the Wraysbury conveyancing process what’s the number one tip you can impart for the legal transfer of property in Wraysbury

Not many law firms or advisers will tell you this but conveyancing in Wraysbury and elsewhere in Berkshire is an adversarial process. In other words, when it comes to conveyancing there exists lots of room for friction between you and others involved in the legal transfer of property. E.g., the vendor, property agent and on occasion your mortgage company. Selecting a law firm for your conveyancing in Wraysbury should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the transaction whose role it is to look after your legal interests and to protect you.

On occasion a potential adversary may attempt to sway you that you should follow their advice. For instance, the property agent may claim to be assisting by suggesting your conveyancer is wrong. Or your financial adviser may try to convince you to do something that is against your lawyers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

What makes your site different to other online quote calculators for conveyancing in Wraysbury?

At this site receive a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Wraysbury. As opposed to estate agents and many comparison sites we do not charge firms a commission if you instruct them for your property ownership legalities in Wraysbury

Do you have any top tips for leasehold conveyancing in Wraysbury from the point of view of expediting the sale process?

• Much of the delay in leasehold conveyancing in Wraysbury can be reduced if you get in touch lawyers as soon as you market your property and request that they start to put together the leasehold documentation needed by the buyers’ solicitors.
If there is a history of any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic as opposed to ongoing. Many landlords or managing agents in Wraysbury charge for providing management packs for a leasehold property. You or your lawyers should find out the fee that they propose to charge. The management pack sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Wraysbury. In the event that you altered the property did you need the Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Wraysbury state that internal structural alterations or addition of wooden flooring necessitate a licence from the Landlord approving such changes. Should you dont have the paperwork in place do not communicate with the landlord without checking with your solicitor first. If you are supposed to have a share in the freehold, you should ensure that you are holding the original share document. Arranging a replacement share certificate is often a lengthy formality and frustrates many a Wraysbury conveyancing transaction. If a duplicate share certificate is required, do contact the company officers or managing agents (where relevant) for this at the earliest opportunity.

I inherited a basement flat in Wraysbury, conveyancing having been completed January 2005. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Wraysbury with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2093

With 68 years remaining on your lease we estimate the price of your lease extension to be between £9,500 and £11,000 as well as costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.

I have been recommended a conveyancing solicitor in Wraysbury. I I would like to check if they are on the lender's approved list of lawyers. Could you or the lender confirm if they are on the panel?

You should call your conveyancer to enquire if they are on the bank's panel. Alternatively please get in touch with us and we can investigate and revert. Should the firm not be on the lender panel we can certainly arrange a quality conveyancing solicitor in Wraysbury on the approved list for your mortgage company.