My IFA has asked me for my Murton solicitor’s panel member for the Nationwide conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Murton office but they cant find it on their system.

You are best placed to get this information from your Murton solicitor . Most Murton conveyancing practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.

It has been three months following my purchase conveyancing in Murton took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I was advised by numerous selling agents in Murton to locate a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your site over and above alternative conveyancing organisations?

We don’t make any referral fee for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

In scouring the internet for the phrase cheap conveyancing in Murton it shows results of numerous solicitorsin the area. With so much choice what is the best way to find the right conveyancing solicitor for me?

The preferential way of seeking the right conveyancer is via trusted referral, so ask friends and relatives who have purchased a property in Murton or the reputable estate agent or financial adviser. Charges for conveyancing in Murton vary, so it's advisable to secure a minimum of three fee estimates from different solicitors. Make sure that you know that the fees are fixed.

Are there frequently found deficiencies that you encounter in leases for Murton properties?

There is nothing unique about leasehold conveyancing in Murton. Most leases are individual and drafting errors can result in certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:

Insurance obligations A provision to repair to or maintain elements of the premises

A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, The Mortgage Works, and Platform Home Loans Ltd all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to pull out.

I own a 1st floor flat in Murton, 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 Murton with over 90 years remaining are worth £181,000. The ground rent is £55 per annum. The lease ends on 21st October 2074

With only 50 years remaining on your lease the likely cost is going to be between £32,300 and £37,400 as well as legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.