My wife and I are buying a newly constructed apartment in Quedgeley and my solicitor is telling me that she is duty bound to the mortgage company to reveal incentives from the developer. I am under pressure to exchange contracts and I don't want to prolong the conveyancing. is my lawyer playing by the book?

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

Will my conveyancer be making enquiries regarding flooding as part of the conveyancing in Quedgeley.

Flooding is a growing risk for lawyers dealing with homes in Quedgeley. There are those who purchase a property in Quedgeley, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken during the course of a property purchase to forewarn the buyer.

Lawyers are not qualified to give advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or by their conveyancers which will figure out the risks in Quedgeley. The conventional set of information given to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the owner to discover if the premises has historically flooded. If the premises has been flooded in past and is not revealed by the owner, then a purchaser could issue a legal claim for losses stemming from an incorrect answer. A purchaser’s conveyancers will also carry out an environmental search. This will reveal if there is a recorded flood risk. If so, further investigations will need to be conducted.

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Quedgeley is where the house is located. Can you shed any light on this issue?

Flying freeholds in Quedgeley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Quedgeley you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Quedgeley may decide 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 property.

Hoping to buy a property located in Quedgeley and I am already nervous. I couldn't find anything specific about Quedgeley. Conveyancing will be needed in due course but do you know about the Quedgeley area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Quedgeley. In the meantime here are some basic statistics that we found

I have just started marketing my basement flat in Quedgeley. Conveyancing is yet to be initiated, however I have just received a yearly service charge demand – Do I pay up?

It best that you discharge the service charge as usual as all rents and maintenance charges should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I inherited a 1 bedroom flat in Quedgeley, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Equivalent properties in Quedgeley with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease comes to an end on 21st October 2076

With only 50 years unexpired we estimate the premium for your lease extension to be between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.