Much to our surprise we have been advised by our financial adviser that my Market Deeping the law firm I have appointed is not on the lender Conveyancing panel. What can I do to be certain whether this is indeed the case?

You need to call your Market Deeping conveyancer. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.

I am assisting my sister sell her flat in Market Deeping. Will the conveyancing solicitor order the EPC or should I organise this?

Following the demise of Home Information Packs, EPC’s remained a mandatory part of selling a house. An energy assessment should be to hand before the property is advertised. It is not something that law firms ordinarily organise. If you are using a Market Deeping conveyancing solicitor they might help arrange energy assessments given their contacts with reputable local accredited person

I am aiming to move house in August. Should my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Market Deeping. Conveyancing lawyer was organised prior to coming across your site.

On the afternoon of completion you can collect the house keys from your selling agent however this should only take place when the sellers solicitors advise the agent that they have the completion monies and the keys can be passed over. You can inform the removal men that they can start moving you in. We are not in a position to recommend a particular removal organisation but can assist you in choosing a conveyancing in Market Deeping or a legal practice with expertise in conveyancing in Market Deeping.

The formalities of my purchase has taken place for my property in Market Deeping. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?

Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.

I have todaydiscovered that Stirling Law have been shut down. They conducted my conveyancing in Market Deeping for a purchase of a leasehold apartment 10 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?

The easiest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Market Deeping conveyancing specialists.

I am looking for a ground for flat up to £235,500 and found one round the corner in Market Deeping I like with open areas and station nearby, the downside is that it's only got 49 years on the lease. There is not much else in Market Deeping for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

If you require a mortgage that many years may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.

I work for a long established estate agency in Market Deeping where we have experienced a few flat sales put at risk as a result of short leases. I have been given contradictory information from local Market Deeping conveyancing solicitors. Please can you confirm whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I am the registered owner of a basement flat in Market Deeping, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Similar flats in Market Deeping with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £60 yearly. The lease expires on 21st October 2080

With 56 years remaining on your lease the likely cost is going to span between £29,500 and £34,000 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.