Is it necessary to take out insurance to cover chancel repairs when buying a residence in Stow on the Wold?

Unless a prior purchase of the premises completed after 12 October 2013 you can take it that lawyers conducting conveyancing in Stow on the Wold to remain encouraging a chancel search and or insurance against a claim.

I am buying my first flat in Stow on the Wold benefiting from help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent advised me not inform my solicitor about the extras as it would jeopardize my mortgage with the lender. Should I keep quiet?.

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.

How easy is it to use the search app to get a fee calculation from a conveyancing practitioner in Stow on the Wold on the approved list for my bank?

1st pick a mortgage company such as HSBC Bank, Skipton Building Society or Alliance & Leicester then type in your preferred area such as Stow on the Wold. Conveyancing practices in Stow on the Wold and further afield should be listed.

I need to instruct a conveyancing solicitor for some conveyancing in Stow on the Wold. I happened to chance upon a site which looks to be the ideal offering If it is possible to get all this stuff done via web that would be preferable. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Back In 2004, I bought a leasehold flat in Stow on the Wold. Conveyancing and The Mortgage Works mortgage are in place. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Stow on the Wold who previously acted has long since retired. Any advice?

First contact the Land Registry to be sure that this person is in fact the new freeholder. You do not need to instruct a Stow on the Wold conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I acquired a basement flat in Stow on the Wold, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Equivalent flats in Stow on the Wold with a long lease are worth £196,000. The average or mid-range amount of ground rent is £45 yearly. The lease comes to an end on 21st October 2090

With 64 years remaining on your lease the likely cost is going to range between £15,200 and £17,600 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.