The loan agreement from Santander for the refinancing of my 2 room apartment is due imminently. Can you recommend a low cost conveyancing solicitor in Kibworth?

You have come to the wrong site to search for a cheap conveyancing solicitors in Kibworth. Our intention is to offer cost effective conveyancing but we do not aim to work with the cheapest lawyers. Avoid the trap of appointing organisations offering the bait of low cost conveyancing in Kibworth. Optimistically, in going for low cost conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not get the service you were looking for.

Our lawyer has discovered a a legal deficiency with the lease for the flat we are buying in Kibworth. The other side have suggested defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that he must be satisfied that the bank is content with this solution. Who is the client here, us or the mortgage company ?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

I am purchasing a new build house in Kibworth benefiting from help to buy. The developers refused to reduce the price so I negotiated 6k of extras instead. The property agent advised me not to tell my lawyer about this extras as it could adversely affect my loan with Clydesdale. Do I keep my lawyer in the dark?.

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 am looking into buying my first house which is in Kibworth and I am already nervous. I couldn't find anything specific about Kibworth. Conveyancing will be needed in due course but do you know about the Kibworth area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Kibworth. In the meantime here are some basic statistics that we found

I would like to let out my leasehold apartment in Kibworth. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

Your lease governs relations between the freeholder and you the leaseholder; specifically, it will say if subletting is banned, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Kibworth do not prevent an absolute prevention of subletting – such a provision would undoubtedly devalue the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the tenancy agreement.

I purchased a garden flat in Kibworth, conveyancing was carried out 7 years ago. How much will my lease extension cost? Corresponding properties in Kibworth with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease terminates on 21st October 2082

With only 57 years unexpired we estimate the price of your lease extension to be between £28,500 and £33,000 as well as legals.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.