I am buying a leasehold flat in Stowmarket. My Solicitor has never been on on the mortgage company conveyancing list. Can I still appoint my Stowmarket conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?

Various options include

• Complete the deal with your preferred Stowmarket conveyancer but your mortgage company will no doubt instruct a lawyer on their approved list. The net result is additional cost and potential delay.
• Choose a new conveyancing practitioner to act in the purchase, ensuring that they are on the lender conveyancing panel.
• Convince your lawyer to seek to join the lender panel

I am purchasing a new build apartment in Stowmarket and my lawyer is informing me that she is duty bound to the mortgage company to disclose incentives from the builder. I am nearing the developer’s deadline to sign contracts and I don't want to delay deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

Due to the input of my in-laws I had a survey completed on a house in Stowmarket ahead of instructing solicitors. I have been told that there is a flying freehold element to the property. The surveyor advised that some banks will not issue a loan on this type of property.

It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you e-mail us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Stowmarket. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stowmarket to see if the conveyancing will be more expensive.

I am using a search engine for the term on line conveyancing in Stowmarket it reveals numerous solicitorsin the vicinity. With so much choice what is the best way to find the suitable conveyancing solicitor for the sale of my house?

The ideal way of finding a suitable conveyancer is through a personal testimonial, so enquire of colleagues and relatives who have acquired a property in Stowmarket or the local estate agent or financial adviser. Charges for conveyancing in Stowmarket vary, so it's advisable to secure at least three fee estimates from different property lawyers. Dont forget to clarify that the costs are guaranteed not to rise.

What are your top tips when it comes to appointing a Stowmarket conveyancing firm to deal with our lease extension?

When appointing a conveyancer for lease extension works (regardless if they are a Stowmarket conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you make enquires with several firms including non Stowmarket conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:

How many lease extensions has the firm completed in Stowmarket in the last year? If the firm is not ALEP accredited then what is the reason?

Leasehold Conveyancing in Stowmarket - Sample of Questions you should ask before Purchasing

The best form of lease structure is a share of the freehold. In this scenario the lessees benefit from control and although a managing agent is usually retained where the building is bigger than a house conversion, the managing agent employed by the leaseholders. Are any of leasehold owners in arrears of their service charge payments? Is there a share of the freehold?