I'm purchasing a new build house in Claverdon benefiting from help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The estate agent suggested that I not disclose to my lawyer about the extras as it would affect 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 decided to have a survey done on a property in Claverdon in advance of instructing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks may not issue a mortgage on a flying freehold home.

It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Claverdon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Claverdon to see if the conveyancing will be more expensive.

Do I need to be wary about 3rd parties that I am dealing with are recommending a national conveyancing firm rather than a High Street Claverdon conveyancing company?

As with many professional services, often recommendations from family and friends can be very helpful. Nevertheless there are numerous people with a keen interest in a conveyancing deal; estate agents, financial adviser and banks might all recommend lawyers to retain. Sometimes these solicitors might be known to one of the organisations as being good in their field, but occasionally there exists a commercial relationship behind the recommendation. You have the right to select your preferred conveyancer. Don't forget that many mortgage providers specify a panel list of solicitors you must use for the mortgage aspect of your home move.

I today plan to offer on a house that seems to be perfect, at a great figure which is making it all the more appealing. I have subsequently discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a leasehold house in Claverdon. Conveyancing solicitors have are about to be instructed. Will they explain the issues?

The majority of houses in Claverdon are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Claverdon in which case you should be looking for a Claverdon conveyancing solicitor and be sure that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a contribution towards the maintenance of the estate where the house is located on an estate. Your lawyer will advise you fully on all the issues.

Leasehold Conveyancing in Claverdon - A selection of Questions you should consider Prior to buying

What is the the remaining lease term? Who takes charge for maintaining and repairing the building? Does the lease have onerous restrictions?

How easy is it to change a solicitor as I need to find a Claverdon based one who is on the mortgage company conveyancing panel. Is it advisable to appoint a new law firm?

In the event that you have not formally instructed a conveyancer to do anything for you and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Claverdon that you're considering.