Finally the sale completed on my house in Acklam last August but the buyer keeps Skype messaging every few hours complaining that his solicitor is waiting to hear from mine. What are the post completion sale formalities now that I have sold?

Following your disposal your conveyancer should send the transfer deeds and all of the paperwork to the buyer’s conveyancer. If applicable, your solicitor must also send confirmation that the mortgage has been redeemed to the buyers lawyers. There are no post completion requirements specific conveyancing in Acklam.

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Acklam is the location of the property. Can you shed any light on this issue?

Flying freeholds in Acklam are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Acklam you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Acklam may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

In what way can the Landlord & Tenant Act 1954 impact my business premises in Acklam and how can you help?

The 1954 Act affords a safeguard to commercial leaseholders, granting the right to apply to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Acklam

I invested in buying a 1st floor flat in Acklam, conveyancing formalities finalised in 1995. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Acklam with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease runs out on 21st October 50

With just 50 years left to run the likely cost is going to span between £36,100 and £41,800 as well as legals.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

Me and my fiance are about to exchange on the purchase a house in Acklam but as a result of damage from the recent storms I have negotiated recompense from the vendor of £3k in the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process but the lender will not permit this. Why were they notified?

Any being on a lender approved list is required to inform the bank of any amendments to the sale figure. In the event that you were to refuse your to notify the price change to your lender then they would have to discontinue representing you and the mortgage company.