I am acquiring a leasehold flat in Whissendine. My Conveyancer is not on the mortgage company conveyancing list. Can I still continue with my Whissendine conveyancing solicitor notwithstanding that they are not on the bank panel of approved conveyancing solicitors?

Your options include

• Proceed with your chosen Whissendine lawyer but your bank will undoubtedly retain a solicitor from their approved panel. The net result is additional cost and likely frustration.
• Get a fresh conveyancing practitioner to act in the purchase, obviously checking they are on the lender conveyancing panel.
• Appeal to your solicitor to attempt to join the lender panel

Is there a reason why leasehold purchase conveyancing in Whissendine costs more?

Whissendine leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

We are purchasing a house and the lawyer has mentioned Chancel Repair for which the house may be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Whissendine

Unless a prior acquisition of the house took place post 12 October 2013 you could assume that solicitors handling conveyancing in Whissendine to continue to propose a a chancel search and or insurance against a claim.

I am purchasing my first flat in Whissendine with a loan from Nationwide Building Society. The builders would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not inform my conveyancer about this extras as it would put at risk my mortgage with the lender. 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.

I have just started marketing my garden flat in Whissendine. Conveyancing is yet to be initiated, but I have just received a half-yearly service charge invoice – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as usual as all ground rent and maintenance invoices should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents 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. Having a clear account will assist your cause and will leave you no worse off financially.

I am the registered owner of a split level flat in Whissendine, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Whissendine with a long lease are worth £176,000. The ground rent is £50 invoiced every year. The lease ceases on 21st October 2105

With 80 years unexpired we estimate the premium for your lease extension to span between £8,600 and £9,800 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.