I have an AIP. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to use a Cinderford based conveyancing firm?

You should check but the chances are that allocate you one of their panel lawyers should you accept the "fee-free" offer. Contact the lender to determine if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Cinderford.

We had appointed conveyancing lawyers located in Cinderford on the Yorkshire BS solicitor panel. They have just billed me a separate sum for the legal aspects of the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?

Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your solicitor can levy a fee for this. The charge is not dictated by Yorkshire BS but by your Cinderford solicitor. Some firms on the Yorkshire BS panel will quote ’dealing with mortgage’ fee but some practices include it on their overall fee.

I had a mortgage agreed in principle with Yorkshire BS. Cinderford conveyancing practitioners are appointed. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?

There is no definitive answer here. Have Yorkshire BS completed the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

I recently had an offer accepted on a house in Cinderford. My mortgage broker suggested a conveyancer. I paid an on account payment of £175. A few days later, the conveyancing practitioner called me to say that they were not on the Co-operative conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Co-operative panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

How difficult is it to swap firm as I have to find a firm on the Leeds Building Society conveyancing panel. I hired a local conveyancing solicitor in Cinderford round the corner but he is not accepted by Leeds Building Society

It would be our pleasure to help you select a conveyancing solicitor in Cinderford on the Leeds Building Society panel. Please note that the solicitors that we on the directory do not pay us fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Cinderford. Using the find a conveyancing solicitor tool on this page, you can contrast charges for conveyancing solicitors in Cinderford and throughout England and Wales.

Am I better off to use a Cinderford conveyancing lawyer based in the area that I am buying? An old friend can deal with the conveyancing however his firm is located 200miles away.

The primary upside of using a high street Cinderford conveyancing practice is that you can drop in to execute documents, deliver your ID and pester them where appropriate. Having local Cinderford know how is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and the majority were happy that must outweigh using an unknown Cinderford conveyancing lawyer solely due to them being based in the area.

All being well we will complete the disposal of our £250,000 garden flat in Cinderford on Friday in a week. The managing agents has quoted £420 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Cinderford?

Cinderford conveyancing on leasehold apartments often involves the buyer’s solicitor sending enquiries for the landlord to answer. Although the landlord is not legally bound to address these enquiries the majority will be willing to assist. They are entitled to invoice a reasonable charge for answering questions or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some situations it is in excess of £800. The management information fee invoiced by the landlord must be sent together with a summary of entitlements and obligations in respect of administration charges, otherwise the charge is not strictly payable. In reality one has little choice but to pay whatever is requested of you if you want to complete the sale of your home.

Leasehold Conveyancing in Cinderford - Sample of Questions you should ask Prior to buying

Is anyone aware of any major works in the planning that will increase the maintenance costs? Its a good idea to discover as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to practical matters such as the tidiness of the common parts. Enquire of other people what they think of their management. On a final note, find out the dates that you are obliged pay the maintenance charge to the relevant party and precisely how they are spending that money. Many Cinderford leasehold apartments will incur a service bill for the upkeep of the block levied on behalf of the freeholder. Should you buy the apartment you will have to pay this contribution, usually periodically during the year. This could vary from two or three hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge for you to pay annual, this is usually not a exorbitant figure, say around £25-£75 but you should to check as sometimes it can be many hundreds of pounds.