My wife and I are nearing an exchange on a flat in Bartley Green and my mum and dad have sent the 10% deposit to my lawyer. I am now told that as the deposit has been received from someone other than me my conveyancer needs to make a notification to my bank. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?

Your conveyancing practitioner is obliged to check with the bank to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.

About to purchase a new build apartment in Bartley Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bartley Green

Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

Over the last few months I have been searching for a ground for flat up to £245,000 and found one near me in Bartley Green I like with a park and railway links nearby, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Bartley Green suitable, so just wondered if I would be making a mistake acquiring a short lease?

If you need a mortgage that many years may be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.

I need to appoint a conveyancing solicitor for my conveyancing in Bartley Green. I happened to discover a site which appears to be the ideal answer If there is a chance to get all formalities done via email that would be ideal. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

As a leasehold owner I am on the hook for a maintenance fee for my flat in Bartley Green. As a result of personal circumstances I fell into arrears with remittance. The managing agents agreed a clearance plan but there is still around £1750 outstanding as of today.

I am under pressure to sell and I am panicking this could threaten to derail the sale if I have to discharge the amount due in advance. I'd like to sell up and subsequently pay them back with the completion monies - is this achievable?

Your conveyancer should be able to negotiate with the appropriate parties, and agree with them whether or not they would accept payment out of the sale proceeds. This is an example of why it might be good to instruct a conveyancing practitioner in Bartley Green as they may well enjoy a strong line of communication with the parties.