In the event thatI was to buy a straightforward housein Princes Risborough mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Princes Risborough?

Any savings you would achieve will be isolated to the costs for searches. Your property lawyer still got to do everything else - money laundering, communicating with your vendors lawyer, stamp duty return, register the ownership etc. You might save a bit for them not needing to register a charge however it will not be meaningful.

We're in Princes Risborough, First timers purchasing with a mortgage (lender is Virgin Money , and our lawyer is on the Virgin Money conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Princes Risborough. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Princes Risborough

Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I have been advised by numerous selling agents in Princes Risborough to locate a property lawyer on your site. Is there a financial incentive for Estate Agents to offer your services over another?

We don’t offer any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand a fee because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

I have recently realised that I have Sixty One years unexpired on my lease in Princes Risborough. I am keen to extend my lease but my landlord is missing. What should I do?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you have done all that could be expected to locate the freeholder. On the whole an enquiry agent may be helpful to carry out a search and to produce a report to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a solicitor in relation to investigating the landlord’s disappearance and the application to the County Court overseeing Princes Risborough.

I own a studio flat in Princes Risborough, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Princes Risborough with an extended lease are worth £190,000. The ground rent is £65 yearly. The lease terminates on 21st October 2086

With 61 years remaining on your lease we estimate the price of your lease extension to be between £19,000 and £22,000 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.