My wife and I are nearing an exchange on a house in Boldon Colliery and my parents have sent the exchange deposit to my lawyer. I am now informed that as the deposit has not come from me my conveyancer needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?

Your property lawyer is legally required to clarify with the bank to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.

Should commercial conveyancing searches disclose planned roadworks that could affect a commercial site in Boldon Colliery?

Many commercial conveyancing solicitors in Boldon Colliery will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Boldon Colliery. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Boldon Colliery.

For every commercial conveyancing transaction in Boldon Colliery it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Boldon Colliery commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Boldon Colliery.

I opted to have a survey completed on a property in Boldon Colliery in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some banks tend refuse to grant a mortgage on such a premises.

It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Boldon Colliery. Conveyancing will be smoother if you use a solicitor in Boldon Colliery especially if they regularly deal with such properties in Boldon Colliery.

Given that I will soon spend over three hundred thousand on a garden flat in Boldon Colliery I wish to have a conversation with the conveyancer about myhome move in advance of appointing the firm. Is this something that you can arrange?

We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be doing your conveyancing in Boldon Colliery.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Boldon Colliery should be the figure that you are charged.

All being well we will complete the disposal of our £325,000 apartment in Boldon Colliery on Tuesday in a week. The managing agents has quoted £360 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Boldon Colliery?

Boldon Colliery conveyancing on leasehold apartments usually requires the buyer’s conveyancer submitting enquiries for the landlord to answer. Although the landlord is under no legal obligation to respond to such questions most will be content to assist. They may levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is £350, in some situations it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration fees, without which the charge is technically not due. In reality you have no choice but to pay whatever is demanded should you wish to sell the property.

I bought a 1st floor flat in Boldon Colliery, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Boldon Colliery with an extended lease are worth £185,000. The ground rent is £65 invoiced annually. The lease finishes on 21st October 2086

With just 60 years left to run we estimate the premium for your lease extension to span between £20,000 and £23,000 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns 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 placing reliance on this information before seeking the advice of a professional.