2 months have gone by following my purchase conveyancing in Mablethorpe took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I have been on the look out for a ground for flat up to £305k and found one close by in Mablethorpe I like with amenity areas and railway links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Mablethorpe in this price bracket, so just wondered if I would be making a mistake buying a short lease?

Should you require a mortgage the remaining unexpired lease term may be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

I was pointed in your direction by a number of selling agents in Mablethorpe to choose a conveyancer on your site. Is there a financial upside for Estate Agents to market your services ahead of alternative conveyancing organisations?

We refuse to offer any financial incentive for directing people our way. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

Mablethorpe Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

Where a Mablethorpe lease has fewer than 80 years it will impact the value of the property. It is worth checking with your mortgage company that they are happy with residual term of the lease. A short lease means that you will probably have to extend the lease at some point and it is worth discovering what this would cost. For most Mablethorpelease extensions you will need to own the residence for 24 months in order to be legally able to extend the lease. The best form of lease structure is where the freehold title is in the ownership of the leaseholders. In this situation the lessees have control and notwithstanding that a managing agent is usually employed if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. The answer will be useful as a) areas may cause problems for the building as the communal areas may begin to deteriorate if services are not paid for b) if the leaseholders have an issue with the managing agents you will want to know about it

Should one remove a deceased person's details from the title deeds for a house in Mablethorpe?

Where a Mablethorpe property is jointly owned and one of the proprietors dies, their name will not automatically be removed from the title deeds. You are not required to amend the title as in the event of a sale you would just be required to supply proof as to the reason the co owner is not a party to the transfer, such as a grant of probate.

With a view to making things simpler in the future you can apply to have the deceased party removed from the title by applying to HM Land Registry with proof of the death. There is no land registry fee payable.