The Nayland conveyancing firm handling our Nayland conveyancing has uncovered an inconsistency when comparing the surveyor’s assumptions in the valuation report and what is revealed within the title deeds. My lawyer informs me that he must ensure that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach legitimate?

Your lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

We are buying a house and need a conveyancing solicitor in Nayland who is on the RBS solicitor panel. Could you point me in the right direction as regards a conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Nayland.

I have an AIP. The lender mentioned the home loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to use a high street conveyancing solicitor in Nayland?

You should check but the the probability is that allocate you one of their panel lawyers if you want the "fee-free" deal. Call the mortgage company to explore if they allow a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Nayland.

What does commercial conveyancing in Nayland cover?

Nayland conveyancing for business premises incorporates a broad range of services, supplied by qualified solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

Planning to sign contracts shortly on a leasehold property in Nayland. Conveyancing lawyers have said that they report fully next week. What should I be looking out for?

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

Whether the lease restricts you from renting out the property, or working from home The physical extent of the premises. This might be the property itself but might include a attic or storage are if appropriate. How long the lease is. You should be advised as what happens when the lease ends, and informed of the importance of the 80 year mark You should be told what is to be regarded as a Nuisance as far as the lease is concerned

I invested in buying a 2 bed flat in Nayland, conveyancing formalities finalised February 2010. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Nayland with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £65 levied per year. The lease expires on 21st October 2086

You have 61 years left to run the likely cost is going to span between £19,000 and £22,000 plus legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.