I am purchasing my first flat in Ely with the aid of help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not to tell my solicitor about this side-deal as it could jeopardize my mortgage with Barnsley Building Society. Do I keep my lawyer in the dark?.

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.

Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Ely is the location of the property. Can you offer any opinion?

Flying freeholds in Ely are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ely 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 Ely 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.

As co-executor for the estate of my aunt I am selling a property in Newport but I am based in Ely. My lawyer (approximately 250 kilometers from mehas requested that I execute a stat dec ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Ely to attest and place their company stamp on the document?

strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are located in Ely

Having had my offer accepted I require leasehold conveyancing in Ely. Before diving in I require certainty as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and most are in Ely - 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 1st floor flat in Ely, conveyancing having been completed in 2011. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Ely with an extended lease are worth £185,000. The ground rent is £65 charged once a year. The lease comes to an end on 21st October 2085

With only 61 years remaining on your lease we estimate the premium for your lease extension to be between £19,000 and £22,000 as well as professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.

Our lenders have just issued us with a mortgage offer. We appointed a high street conveyancer in Ely last week. This morning, our broker phoned to advise us that the lender said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the mortgage company had some control over our choice Is this legal?

You are permitted to use any conveyencer you wish to select for your conveyancing in Ely nevertheless if they are not on the your lender's panel you must fork out additional cost so the mortgage company can instruct their own conveyancer too. On occasion it is possible your solicitor may apply to get included on to the mortgage company panel. Do make the most of web-based search facilities including lenderpanel.com to find a conveyancing solcitor in Ely on the mortgage company panel. You can go into your local mortgage company branch in Ely. They can recommend conveyancing solicitors in Ely on the approved list.