I plan on acquiring a leasehold flat in North Cornelly. My Conveyancer has never been on on the lender conveyancing panel. Am I still permitted to continue with my North Cornelly conveyancing solicitor notwithstanding that they are excluded from the bank panel?

Various options include

• Carry on with your existing North Cornelly conveyancer but your bank will need to retain a lawyer on their approved list. The net result is additional cost and likely interruption.
• Get a new conveyancer to act in the purchase, making sure they are on the lender conveyancing panel.
• Convince your conveyancer to do everything within their powers to get accepted on the mortgage company conveyancing panel

Do the Building Society Association intend to launch a search tool with a view to to identify solicitors on the Melton Mowbray Building Society conveyancing panel for instance in North Cornelly?

We would not expect to be advised of any plans on the part of the BSA to develop such a register.

four months have elapsed following my purchase conveyancing in North Cornelly took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 premises 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.

About to purchase a new build apartment in North Cornelly. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in North Cornelly

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

Fiveweeks into buying a residence in North Cornelly. Conveyancing lawyer has told us the property is "Leasehold". Does this impact our Natwest valuation?

North Cornelly conveyancing does not usually involve leasehold houses. The key factor here is the unexpired lease term and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's virtually freehold, so it’s unlikely to affect the saleability too much.

At the other end of the spectrum, if it's, say, Sixty years it will have a material impact on the saleability, and probably wouldn't be acceptable to the mortgage company. The length of lease and ground rent will be stated in the lease provided to your lawyer.