We are only a couple days away from an exchange on a house in Market Deeping and my mum and dad have sent the exchange deposit to my conveyancing practitioner. I am now advised that as the deposit has been sent from someone other than me my conveyancing practitioner 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 informed the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

The solicitor is legally required to clarify with lender to ensure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

Finally the sale completed on my house in Market Deeping last January but my buyer keeps Skype messaging daily to say her lawyer needs to hear from mysolicitor. What should have happened following completion?

Post completion of your house sale your solicitor is duty bound to send the transfer deeds and all additional paperwork to the purchaser's lawyers. If applicable, your conveyancer must also evidence that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion steps peculiar conveyancing in Market Deeping.

I acquired my flat on 9 November and my personal details are still not registered. Any reason for this? My conveyancing solicitor in Market Deeping said it will be registered inside ten days. Are titles in Market Deeping particularly slow to register?

As far as conveyancing in Market Deeping is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether it is in order and whether the Land registry must send notices to any other persons or bodies. As of today in the region of 80% of such applications are fully addressed within two weeks but some can be subject to longer hold-ups. Historically registration is effected once the new owner has moved in to the property thus post completion formalities is not typically an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers should communicate with the Registry to express the reasoning for an expedited registration.

My step-father has encouraged me to use his lawyers for conveyancing in Market Deeping. Do I take his advice?

There are no two ways about it it’s preferable to find a conveyancing solicitor is to have feedback from friends or family who have actually used the solicitor you're are thinking of instructing.

Completion is due on our sale of a £150,000 garden flat in Market Deeping on Friday in a week. The landlords agents has quoted £384 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Market Deeping?

For most leasehold sales in Market Deeping conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Addressing pre-exchange enquiries Where consent is required before sale in Market Deeping Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Market Deeping leasehold property is £350. For Market Deeping conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply answers.

I inherited a 1 bedroom flat in Market Deeping, conveyancing having been completed 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Market Deeping with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease ends on 21st October 2077

With just 52 years unexpired the likely cost is going to be between £29,500 and £34,000 as well as legals.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.