The solicitor who dealt with my previous purchase has quoted £1700 for no sale no fee conveyancing in Ollerton. I am selling a purpose built house for £175,000. Are the quoted fees excessive? Is it above what I should be paying for conveyancing in Ollerton?

The costs illustration is fractionally on the high side. If you shop around you may be able to shave off some of the expense by perhaps a hundred pounds. On the other hand, you maycome to regret choosing an an unknown solicitor. Remember to be sure that the conveyancer can also act for your mortgage company. Do use our comparison tool to find a Ollerton conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Ollerton.

I have given 8 weeks notice to my existing landlord and must leave my let out apartment in Ollerton by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in 5 weeks as I wish to avoid having to find short term accommodation?

The normal practice is not to give notice for your lease until exchange of contracts has taken place. Assuming that you have not already done so, update to your solicitor and urge them to they seek the assistance the owners lawyers, try to an acceptable time-line that everyone will look to achieve

Are the Ollerton conveyancing solicitors identified as being on the Barclays conveyancing panel, together with their details provided by Barclays?

Ollerton conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.

I'm buying a new build house in Ollerton with a mortgage from Leeds Building Society. The builders refused to reduce the amount so I negotiated 6k of additionals instead. The house builders rep advised me not reveal to my lawyer about this extras as it could impact my mortgage with Leeds Building Society. Do I keep my lawyer in the dark?.

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.

Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in Ollerton I like with open areas and transport links nearby, however it's only got 52 years unexpired on the lease. There is not much else in Ollerton suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.