Souldinstructing a Wycombe Marsh conveyancing practice make the home moving process easier?

Established third party connections is an important consideration when appointing conveyancing solicitors. Wycombe Marsh conveyancers often have connections with financial advisers and Wycombe Marsh, local authorities, valuers and other conveyancing firms meaning the whole process is going to be much smoother for you. Hosting a wealth of intelligence of the local area is also a plus .

My wife and I are only a couple days away from an exchange on a house in Wycombe Marsh and my parents have sent the exchange deposit to my conveyancing practitioner. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to make a notification to my bank. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank regarding my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?

Your property lawyer is obliged to check with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

My partner and I are planning on selling our property in Wycombe Marsh and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Wycombe Marsh conveyancer would know that there is no such problem. For the life of me I don't know why the buyers used a national conveyancing firm as opposed to a conveyancing solicitor in Wycombe Marsh. We have lived in Wycombe Marsh for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation need.

It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

We are four weeks into a leasehold purchase having been directed to solicitors by the local agent to do our conveyancing in Wycombe Marsh. I am am extremely dissatisfied with the level of service. Could you you assist me in finding new conveyancers?

A solicitor would have to be really bad in order to consider diss instructing them. Has your loan offer been sent? If so you must inform them of the replacement conveyancer and have the loan are re-sent. Your new solicitor ideally should be on the banks approved list to avoid escalating fees and frustration. So that should be your first question of the new solicitors. Our search tool can help you find a bank approved lawyer for your conveyancing in Wycombe Marsh

I am employed by a reputable estate agent office in Wycombe Marsh where we have witnessed a number of leasehold sales put at risk as a result of short leases. I have been given conflicting advice from local Wycombe Marsh conveyancing firms. Could you shed some light as to whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I inherited a split level flat in Wycombe Marsh, conveyancing having been completed 7 years ago. How much will my lease extension cost? Corresponding properties in Wycombe Marsh with over 90 years remaining are worth £207,000. The average or mid-range amount of ground rent is £60 invoiced annually. The lease terminates on 21st October 2082

With 57 years unexpired we estimate the premium for your lease extension to be between £28,500 and £33,000 as well as legals.

The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.