Can the conveyancing solicitors identified via your search tool perform attended exchange conveyancing in Frimley?

We do have a number of conveyancing specialists carrying out attended exchanges. You should call us to obtain a fee calculation and details as to dates.

I am being advised by my conveyancer that absentee landlord insurance is necessary on my purchase. What is the level of cover for Frimley conveyancing?

The appropriate level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Coventry Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.

We previously chose conveyancers located in Frimley on the Kent Reliance solicitor panel. They are now charging me a separate sum for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee specified by Kent Reliance?

As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your solicitor can charge a fee for this. The charge is not dictated by Kent Reliance but by your Frimley conveyancer. Some firms on the Kent Reliance panel will quote an ‘acting for lender’ fee and others do not.

Last month we had a mortgage agreed in principle with Barclays. Frimley conveyancing practitioners were selected. How long does it take for Barclays to forward the offer to the property lawyer?

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

I am looking for a flat up to £245,000 and identified one round the corner in Frimley I like with open areas and railway links in the vicinity, however it's only got 51 years on the lease. There is not much else in Frimley suitable, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a home loan the remaining unexpired lease term will likely be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

Estate agents have just been given the go-ahead to market my basement apartment in Frimley. Conveyancing is yet to be initiated, however I have just had a yearly service charge invoice – should I leave it to the buyer to sort out?

It best that you discharge the invoice as you normally would given that all ground rent and maintenance payments will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I inherited a 2 bed flat in Frimley, conveyancing was carried out 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Frimley with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease comes to an end on 21st October 2092

With 68 years unexpired the likely cost is going to span between £9,500 and £11,000 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.

I dont have enough spare money to pay a 10% deposit on my apartment purchase in Frimley , but I am anxious go ahead. What can I do?

One option is to try and accept a lesser deposit. Most vendors will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second