I am acquiring a property mortgage free in Lechlade. I have lived for the previous dozen years in Lechlade. Conveyancing searches are expensive. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a home loan, then all but one or two of the Lechlade conveyancing searches are optional. Your solicitor will 'advise', no-doubt strongly, that you should have searches carried out, but she is duty bound to do this. One thing to take into account; if you are likely to dispose of the house at a future date, it may be of importance to your future buyer what the searches disclose. Sometimes premises with no practical issues can still show up adverse search results. A good conveyancing solicitor in Lechlade should provide you some constructive advice here.

I purchased a freehold house in Lechlade but still charged rent, why is this and what is this?

It’s unusual for properties in Lechlade and has limited impact for conveyancing in Lechlade but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I'm purchasing a new build house in Lechlade benefiting from help to buy. The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The estate agent told me not reveal to my lawyer about this side-deal as it will impact my loan with the lender. 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 need to find a conveyancing solicitor for sale conveyancing in Lechlade. I happened to land on a web site which appears to be the perfect offering If there is a chance to get all the legals completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am hoping to exchange soon on a studio apartment in Lechlade. Conveyancing solicitors assured me that they will have a report out to me within the next couple of days. What should I be looking out for?

The report on title for your leasehold conveyancing in Lechlade should include some of the following:

Defining your rights in relation to common areas in the block.For instance, does the lease provide for a right of way over an accessway or staircase? What options are open to you if an adjoining owner breaches a clause of their lease? What the implications are if you breach a clause of your lease? You must be informed what counts as a Nuisance as far as the lease is concerned Repair and maintenance of the property

I own a ground floor flat in Lechlade, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Lechlade with an extended lease are worth £195,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2088

With just 63 years unexpired we estimate the premium for your lease extension to range between £16,200 and £18,600 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.