I am acquiring a house without a mortgage in Holly Village. I have resided for the last Seventeen years in Holly Village. Conveyancing searches are a lot of money. Given that I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?

Provided that you do not need a home loan, then the vast majority of the Holly Village conveyancing searches are at your discretion. Your lawyer will ’encourage you, perhaps strongly, that you should have searches carried out, but he has a professional duty to take that path of advice. Do take into account; if you are going to dispose of the house in the future, it will be of relevance to your future buyer what the searches disclose. Sometimes premises with no practical issues can still reveal adverse search results. A competent conveyancing solicitor in Holly Village should provide you some helpful advice concerning this.

We see that you have a search directory identifying law firms on the Barclays conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Holly Village?

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

2 months have elapsed following my purchase conveyancing in Holly Village took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying my first flat in Holly Village with a mortgage from National Westminster Bank. The builders would not move on the price so I negotiated £7000 of extras instead. The estate agent advised me not disclose to my conveyancer about this side-deal as it would adversely affect my mortgage with National Westminster Bank. 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.

What advice can you give us when it comes to appointing a Holly Village conveyancing firm to carry out our lease extension conveyancing?

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

How familiar is the firm with lease extension legislation?

I am the proprietor of a ground floor flat in Holly Village. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?

Most certainly. We can put you in touch with a Holly Village conveyancing firm who can help.

An example of a Lease Extension case for a Holly Village premises is Flats 12A & 19, Evelyn Mansions Carlisle Place in June 2009. The Tribunal held that the price to be paid for the new lease of Flat 12A is £168,824, For the other flat the price was set at £169,110 This case was in relation to 2 flats. The unexpired term as at the valuation date was 56 years.