We are only a couple days away from an exchange on a flat in Castleford and my parents have transferred the 10% deposit to my lawyer. I am now told that as the deposit has been sent from someone other than me my lawyer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I advised the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

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

I am buying my first flat in Castleford with a mortgage from Barclays . The developers refused to move on the price so I negotiated £7000 of extras instead. The property agent told me not reveal to my solicitor about this extras as it could impact my loan with the bank. Should I keep quiet?.

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 am downsizing from my property. My former conveyancers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Castleford if that makes a difference.

Do use our search tool to help you find a solicitor for your conveyancing in Castleford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.

My cousin has recommend that I instruct his conveyancing solicitors in Castleford. Should I find my own solicitor?

No doubt the ideal way to choose a conveyancing practitioner is to have recommendations from friends or family who have previously instructed the conveyancer that you are contemplating using.

I am attracted to a couple of flats in Castleford both have about fifty years unexpired on the lease term. should I be concerned?

There are plenty of short leases in Castleford. The lease is a right to use the premises for a period of time. As the lease shortens the marketability of the lease decreases and it becomes more expensive to extend the lease. For this reason it is generally wise to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage companies may be unwilling to lend money on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this field.

I purchased a 1st floor flat in Castleford, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Castleford with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease expires on 21st October 2076

With only 51 years unexpired the likely cost is going to range between £30,400 and £35,200 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.