I was referred a lawyer who has given a fee estimate £1150 for fixed fee conveyancing in Thame. I am selling a modern detached home for £250,000. This appears too much. Is it in excess of the average fee for conveyancing in Thame?

The charges are a bit high. If you are prepared to expend time scrutinising charges you may be able to trim some of the cost by as much as £125. That being said, you couldcome to regret opting for an an unknown conveyancer. If is important to enquire the solicitor can represent your lender. Do make use of our search tool to find a Thame conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Thame.

I am buying a new build duplex in Thame and my conveyancer is informing me that she is duty bound to the mortgage company to disclose incentives from the developer. The Estate Agents are hassling me to exchange and my preference is not to prolong matters. Is my lawyer right?

You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I am purchasing a new build house in Thame with a loan from Barclays . The sellers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not reveal to my solicitor about this side-deal as it could put at risk my loan 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.

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Thame is the location of the property. Is there any guidance you can impart?

Flying freeholds in Thame are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Thame you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thame may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

How much experience do your Thame conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?

Thame conveyancing lawyers help thousands of buyers move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Thame conveyancers have worked on recent similar cases.