What is the difference between a licensed conveyancer and conveyancing solicitor in Faringdon

There are two types of lawyers who can do conveyancing in Faringdon namely CLC regulated conveyancers or solicitors. The two can administer conveyancing services that required to complete the sale or purchase of property. They are both obliged to handle Faringdon conveyancing to the same standards and guidelines so you can be sure that your conveyancing will be properly conducted and that the necessary steps will be accurately taken.

I'm purchasing my first flat in Faringdon with the aid of help to buy. The developers would not move on the price so I negotiated 6k of additionals instead. The sale representative suggested that I not to tell my lawyer about this extras as it will adversely affect my loan 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.

I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Faringdon I like with a park and station in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Faringdon suitable, so just wondered if I would be making a mistake buying a lease with such few years left?

If you require a mortgage the shortness of the lease may be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.