I was advised recently by my financial adviser that my Bosham solicitor is not on the mortgage company Conveyancing panel. How can I check?

You need to call your Bosham lawyer directly. You lawyer should inform you what has happened. Where they are not on the panel they may recommend you to a Bosham conveyancing firm that is on the approved list of lawyers for your bank.

My husband and I are only a couple days away from an exchange on a house in Bosham and my parents have transferred the 10% deposit to my property lawyer. I am now advised that as the deposit has not come from me my conveyancing practitioner needs to make a notification to my mortgage company. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?

The lawyer is obliged to clarify with lender to make sure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your lender if you agree, failing which, your lawyer must cease to continue acting.

As someone with no idea as to conveyancing in Bosham what is your top tip you can give me concerning the ownership transfer in Bosham

You may not hear this from too many lawyers but conveyancing in Bosham and elsewhere in West Sussex is an adversarial process. Put another way, when it comes to conveyancing there exists an abundance of opportunity for friction between you and other parties involved in the legal transfer of property. E.g., the seller, selling agent and on occasion your lender. Appointing a law firm for your conveyancing in Bosham should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the legal process whose role it is to act in your best interests and to keep you safe.

Sometimes a third party with a vested interest may try and persuade you that you should follow their advice. As an example, the selling agent may claim to be helping by claiming that your solicitor is wrong. Or your mortgage broker may tell you to do something that is against your conveyancers guidance. You should always trust your lawyer above all other parties in the home moving process.

I am buying a new build house in Bosham with the aid of help to buy. The developers would not move on the price so I negotiated £7000 of additionals instead. The estate agent suggested that I not reveal to my lawyer about the extras as it will jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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 am looking for a leasehold apartment up to £195,000 and found one round the corner in Bosham I like with open areas and transport links in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Bosham in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.