My partner and I are getting closer to an exchange on a property in Crewkerne and my parents have transferred the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to make a notification to my mortgage company. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I disclosed to the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?

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

When will exchange of contracts occur in sale conveyancing in Crewkerne and am I required to be at the lawyers branch?

If you are round the corner to our conveyancing solicitors in Crewkerne you are welcome to attend to sign documents. However, the firms we work with offer countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when dealing with you electronically. The signing of the sale agreement is not the important part. A signed contract is just a prerequisite for the firm to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Crewkerne)to be in the office available at the end of the phone to exchange contracts.

I am buying a new build flat in Crewkerne. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Crewkerne

There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

My business partner and I are looking to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Crewkerne for less than 1500k?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Crewkerne, including the disposal and purchase of businesses as well as simply property. If you are intending to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right solicitor. Regarding the fees this will depend on the structure and heads of terms of the deal. Let us have your contact information or telephone so as to enable us to furnish you with a fixed commercial conveyancing calculation.

I am hoping to exchange soon on a leasehold property in Crewkerne. Conveyancing lawyers have said that they are sending me a report next week. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Crewkerne should include some of the following:

Alterations to the premises Repair and maintenance of the property Information as to the provision as set out in the lease to pay service charges - in relation to the building, and the wider rights a leaseholder has What you can do if another leaseholder in the building is in violation of a provision in their lease? You should receive a copy of the lease

I inherited a basement flat in Crewkerne, conveyancing having been completed October 2006. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Crewkerne with over 90 years remaining are worth £265,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2101

With just 76 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.