Are you able to vouch for a Lloyds TSB Bank accepted Chiseldon conveyancing solicitor finish our home move within under 3 weeks? Would it be better to use a local Chiseldon practice or an online comparison site?

We can recommend some very good Chiseldon conveyancing firms. Another option is to visit the main road in Chiseldon. Approach some well established firms and request to see a conveyancing solicitor for a fee estimate. Discuss your requirements together with the reasons and ask for a commitment on your deadline. Select the lawyer that you are most comfortable with.

Finally the sale completed on my house in Chiseldon last April but my buyer keeps Skype messaging daily to moan that her conveyancer needs to hear from mine. What should my lawyer have done following completion?

After completion of your disposal your conveyancer is committed to forward the transfer deeds and all of the paperwork to the purchaser's conveyancer. If applicable, your lawyer should also confirm that the home loan has been redeemed to the buyers conveyancers. There is unlikely to be post completion formalities peculiar conveyancing in Chiseldon.

I am about to put an offer on a leasehold flat in Chiseldon. The estate agents say that it is standard for flats in Chiseldon to have less than 75 years left on the lease. I am getting a loan with Virgin. Is this going to be a problem if the lease has Seventy One years to go.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 29/1/2025 the requirements read as follows :

I am purchasing my first flat in Chiseldon benefiting from help to buy. The sellers refused to reduce the price so I negotiated 6k of additionals instead. The house builders rep suggested that I not disclose to my lawyer about the deal as it will jeopardize my mortgage with Skipton Building Society. 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.

I am attracted to a two maisonettes in Chiseldon which have in the region of forty five years left on the leases. Will this present a problem?

There are no two ways about it. A leasehold flat in Chiseldon is a deteriorating asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it reduces the value of the property. The majority of buyers and mortgage companies, leases with less than eighty years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Chiseldon conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Chiseldon Leasehold Conveyancing - Sample of Queries before buying

Are there any major works on the horizon that will likely add a premium to the maintenance fees? How long is the Lease? Are any of leasehold owners in dispute over their service charge liability?