My friend's uncle is a conveyancing practitioner. I suspect that I will receive preferential pricing for conveyancing, However if that does not come through, what level of costs should I be expecting for conveyancing in Reading?

It’s sensible to look for two or three conveyancing quotes. Make use of our comparison tool on this page. Whilst quotes will be different but the service one can expect are distinct between property lawyers as is the case with most professions.

How up to date is your database of Reading solicitors on the conveyancing panel? Do send you an updated list?

Reading conveyancing firms themselves provide us confirmation that they are on the conveyancing panel as opposed to being supplied with a list from directly.

We are hoping to buy a 3 bedroom flat in Reading with a homeloan from .We like our Reading conveyancing practitioner but says his firm is not listed on their approved list of firms. we are left little option but to use a panel lawyer or keep our preferred solicitor and fork out for a panel lawyer to represent them. This seems very unfair; Can we not simply insist that use our lawyer?

Unfortunately,no. The loan offered to you contains various provisions, one of which will be that solicitors must be on the solicitor panel. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Reading is where the house is located. Can you shed any light on this issue?

Flying freeholds in Reading are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Reading you would need to get your solicitor to go 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 Reading 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 residence.

I am in need of some leasehold conveyancing in Reading. Before diving in I want to be sure as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and 99.9% are in Reading - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a basement flat in Reading, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Reading with an extended lease are worth £165,000. The ground rent is £45 yearly. The lease ceases on 21st October 50

With only 50 years remaining on your lease we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as 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 cannot give you the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.