As someone not used to the Towcester conveyancing process what’s the number one tip you can give me concerning the legal transfer of property in Towcester

You may not hear this from too many lawyers but conveyancing in Towcester or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of opportunity for friction between you and other parties involved in the legal transfer of property. For example, the vendor, estate agent and on occasion your bank. Choosing a law firm for your conveyancing in Towcester an important selection as your conveyancer is your adviser, and is the ONE party in the process whose interest is to act in your best interests and to keep you safe.

On occasion a potential adversary will try and sway you that it is in your interests to do things their way. For instance, the selling agent may claim to be helping by claiming that your lawyer is slow. Or your financial adviser may tell you to do something that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

I am planning on selling our property in Towcester and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing practice as opposed to a conveyancing solicitor in Towcester. We have lived in Towcester for many years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that there is no issue.

It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)

I am buying my first flat in Towcester with a mortgage from Birmingham Midshires. The developers would not reduce the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not reveal to my lawyer about the extras as it would affect my mortgage with the lender. 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 am looking for a flat up to £305k and identified one close by in Towcester I like with amenity areas and transport links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Towcester for this price, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

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At this site receive an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Towcester. Unlike many estate agents and brokerage sites we do not charge firms a fee if you instruct them for your home move in Towcester