Completed the sale of my flat in Cotgrave last August yet the purchaser is e-mailing me to moan that his solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?

Post completion of your disposal your solicitor is committed to deliver the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer should also confirm that the mortgage has been repaid to the buyers lawyers. There are no post completion formalities specific conveyancing in Cotgrave.

Should our solicitor be raising questions concerning flooding as part of the conveyancing in Cotgrave.

The risk of flooding is if increasing concern for solicitors dealing with homes in Cotgrave. Plenty of people will buy a property in Cotgrave, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.

Solicitors are not best placed to give advice on flood risk, however there are a various checks that may be undertaken by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Cotgrave. The standard property information forms supplied to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the seller to find out whether the property has historically flooded. In the event that flooding has previously occurred and is not revealed by the vendor, then a buyer could issue a claim for damages as a result of such an inaccurate response. The buyer’s conveyancers may also carry out an enviro search. This should reveal if there is any known flood risk. If so, additional investigations should be conducted.

I am buying a new build house in Cotgrave with a mortgage from . The builders refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not inform my lawyer about the side-deal as it could adversely affect my mortgage with the bank. Should I keep quiet?.

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.

What does commercial conveyancing in Cotgrave cover?

Cotgrave conveyancing for business premises covers a wide range of advice, supplied by regulated solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I bought a 2 bed flat in Cotgrave, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Cotgrave with an extended lease are worth £165,000. The ground rent is £45 invoiced annually. The lease ceases on 21st October 50

With just 50 years unexpired we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.