My wife and I are due to exchange buying a property in Stoke Bishop but as a consequence of damage from the recent storms I have managed to agree recompense from the seller of £3k taking the form of a deduction in the price. I had intended this to be dealt with as part of a side agreement yet Aldermore are not allowing this. Should they have been informed?

Your solicitor being on a Aldermore approved list is obliged to disclose to Aldermore of any variations to the purchase price. If you prohibit your conveyancer to notify the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Stoke Bishop.

I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a residence in Stoke Bishop? or I am told that there is an ancient law that means some house owners residing in a parish church boundary will be compelled to pay for repairs to the chancel in proximity to the church. Is this applicable for conveyancing in Stoke Bishop?

Unless a previous purchase of the property took place after 12 October 2013 you could take it that solicitors conducting conveyancing in Stoke Bishop to continue to suggest a chancel search and or chancel repair liability insurance.

In my capacity as executor for the will of my aunt I am selling a residence in Newport but I am based in Stoke Bishop. My solicitor (based 235 kilometers from merequires that I execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Stoke Bishop who can witness and place their company stamp on the document?

Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Stoke Bishop

What are your top tips when it comes to finding a Stoke Bishop conveyancing practice to carry out our lease extension conveyancing?

When appointing a conveyancer for lease extension works (regardless if they are a Stoke Bishop conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with two or three firms including non Stoke Bishop conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:

What volume of lease extensions has the firm carried out in Stoke Bishop in the last 12 months? What are the charges for lease extension conveyancing?

I am the registered owner of a ground floor flat in Stoke Bishop, conveyancing having been completed June 2005. How much will my lease extension cost? Equivalent properties in Stoke Bishop with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 yearly. The lease expires on 21st October 2087

With only 62 years unexpired we estimate the premium for your lease extension to range between £17,100 and £19,800 plus legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

I note that you have a post code search directory listing firms on the bank conveyancing panel. Do Stoke Bishop conveyancing firms pay you a referral fee if I instruct them for my own house purchase?

We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Stoke Bishop.