I am purchasing a new build house in Kirkby in Ashfield with a loan from Accord Mortgages Ltd. The developers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not disclose to my solicitor about this extras as it will affect my mortgage with the bank. 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.

Due to the encouragement of my in-laws I had a survey completed on a property in Kirkby in Ashfield ahead of appointing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies tend not issue a mortgage on a flying freehold home.

It varies from the lender to lender. Santander has different requirements from Nationwide. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kirkby in Ashfield. Conveyancing will be smoother if you use a solicitor in Kirkby in Ashfield especially if they are familiar with such properties in Kirkby in Ashfield.

Am I best advised to choose a Kirkby in Ashfield conveyancing practitioner in close proximity to the house I am purchasing? An old friend can handle the legal formalities but his firm is located a couple of hundredkilometers drive away.

The benefit of a high street Kirkby in Ashfield conveyancing firm is that you can drop in to execute documents, hand in your ID and pester them if necessary. They will also have local knowledge which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were happy that should trump using an unfamiliar Kirkby in Ashfield conveyancing solicitor just because they are round the corner.

I am on look out for some leasehold conveyancing in Kirkby in Ashfield. Before I set the wheels in motion I would like to find out the remaining lease term.

Assuming the lease is registered - and 99.9% are in Kirkby in Ashfield - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a garden flat in Kirkby in Ashfield, conveyancing formalities finalised April 2000. How much will my lease extension cost? Corresponding flats in Kirkby in Ashfield with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease comes to an end on 21st October 2083

With just 58 years remaining on your lease we estimate the price of your lease extension to span between £22,800 and £26,400 as well as professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

I am purchasing a house mortgage free. I have provided conveyancer with 2 distinct evidence of photo identification, bank statement, numerous utility bills. Now he wants a copy from a probate lawyer advising that the funds are in place and that it has come from inheritance and not selling fake DVD.

In today’s world you will not be able to complete any Kirkby in Ashfield conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.