Willinstructing a The Park conveyancing solicitor make the ownership transfer smoother?

Generally conveyancing lawyers in your area will have strong alliances with your local authority, which can assist with the The Park conveyancing searches that your lawyer will require. It can only be a plus if they have strong relationships with the Land Registry overseeing your area The Park, other property lawyers in the location and The Park selling agents.

I'm buying my first flat in The Park benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about this deal as it will impact my mortgage with Accord Mortgages Ltd. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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'm converting the mortgage on my existing house to a buy to let loan with The Royal Bank of Scotland and intend to use the remaining equity towards another property. The location we are looking at is The Park. Will your solicitors be able to act for both sets of mortgage companies and tie in the two deals?

Do use our search tool on this page to ensure that the lawyers are on the appropriate lender panels. On the basis that they are your solicitor will be able to simultaneously deal with the two transactions but you should talk with you conveyancer and communicate your expectations and requirements.

If all goes to plan we aim to complete the disposal of our £475,000 apartment in The Park in 8 days. The freeholder has quoted £300 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in The Park?

The Park conveyancing on leasehold maisonettes usually involves the purchaser’s conveyancer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to answer such questions the majority will be willing to assist. They are entitled to charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is £350, in some cases it is above £800. The administration charge demanded by the landlord must be accompanied by a summary of rights and obligations in respect of administration charges, otherwise the charge is not strictly payable. In reality you have no option but to pay whatever is demanded if you want to complete the sale of your home.

I purchased a ground floor flat in The Park, conveyancing formalities finalised 5 years ago. How much will my lease extension cost? Corresponding flats in The Park with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 per annum. The lease ends on 21st October 2091

With just 67 years left to run we estimate the premium for your lease extension to range between £10,500 and £12,000 as well as costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.

We have chosen a The Park conveyancing solicitor for our home move (first time buyers) and have noticed in the engagement letter that they are not covered by the FCA. Should I be worried or is that usually the case with lawyer?

We can't see why they should be. Most property lawyer don't lend money. They will be governed by the SRA, who dictate strict rules regulating monies sitting on client account.