I am approaching an exchange on a house in Kirkby In Furness and my parents have transferred the ten percent deposit to my lawyer. I am now informed that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my bank. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

Your property lawyer is duty bound to clarify with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

I am buying a property and require a conveyancing solicitor in Kirkby In Furness who is on the Chelsea Building Society solicitor. Could you point me in the right direction as regards a solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Chelsea Building Society in certain locations such as Kirkby In Furness. We dont recommend any particular firm.

I am looking for a leasehold apartment up to £245,000 and identified one close by in Kirkby In Furness I like with open areas and transport links nearby, however it's only got 61 remaining years left on the lease. There is not much else in Kirkby In Furness suitable, so just wondered if I would be making a mistake buying a short lease?

Should you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.

I am using a search engine for the term on line conveyancing in Kirkby In Furness it shows results of many solicitorslocally. How do I determine which is the suitable conveyancer for purchase transaction?

The preferential method of choosing a suitable conveyancer is via personal referral, so enquire of colleagues and those you trust who have acquired a property in Kirkby In Furness or a respected estate agent or mortgage broker. Fees for conveyancing in Kirkby In Furness differ, so it's a good idea to request a minimum of four estimates from different law firms. Be sure to secure confirmation that the costs are assured not to increase.

I have just started marketing my ground floor apartment in Kirkby In Furness. Conveyancing has not commenced, however I have recently received a quarterly maintenance charge invoice – what should I do?

It best that you discharge the maintenance contribution as you normally would because all ground rent and service payments will be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Kirkby In Furness Leasehold Conveyancing - Sample of Queries before Purchasing

What is the name of the managing agents? Is the freehold owned jointly by the tenants?