My wife and I are approaching an exchange on a flat in Linton and my parents have sent the 10% deposit to my . I am now informed that as the deposit has not arrived from me my needs to disclose this to my lender. 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 advised the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

The is obliged to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

Just bought a detached house in Linton , What is the estimated time for the Land Registry to register the transfer to my name? My Linton conveyancing solicitor works at snail pace, so I want to check that my purchase is recorded.

There is nothing unique about conveyancing in Linton registration formalities. Rather than based on location, timescales can differ subject to the party submitting the application, whether it is in order and whether the Land registry must send notices to any other parties. At present approximately three quarters of submission are completed within 12 days but some can be subject to extensive hold-ups. Registration is effected once the buyer is living at the premises thus an expedited registration is not typically an essential issue but if it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.

I have been on the look out for a leasehold apartment up to £305k and identified one close by in Linton I like with amenity areas and transport links nearby, however it's only got 49 remaining years left on the lease. There is not much else in Linton suitable, so just wondered if I would be making a mistake buying a short lease?

If you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

Should I go with a Linton conveyancing lawyer who is local to the property I am buying? An old friend can carry out the legal work however her office is 400kilometers drive away.

The primary upside of using a local Linton conveyancing firm is that you can pop in to sign documents, present your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and on the whole were content that should surpass using an unfamiliar Linton conveyancing solicitor just because they are round the corner.

Due to complete next month on a leasehold property in Linton. Conveyancing solicitors inform me that they are sending me a report next week. What should I be looking out for?

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

Responsibility for maintaining the window frames You must be informed what is to be regarded as a Nuisance in the lease An explanation concerning the obligations in the lease to pay service charges - with regard to both the building, and the wider rights a tenant enjoys Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? What the implications are if you breach a clause of your lease?

I bought a garden flat in Linton, conveyancing was carried out 1995. Can you work out an approximate cost of a lease extension? Similar properties in Linton with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ceases on 21st October 50

You have 50 years unexpired we estimate the price of your lease extension to be between £36,100 and £41,800 plus professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.