The Crofton Park conveyancing firm handling our Crofton Park conveyancing has uncovered an inconsistency between the information in the home valuation report and what is revealed within the title deeds. My solicitor has advised that he is duty bound to check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s course or action right?

Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

Finally the sale completed on my house in Crofton Park last August but the buyer keeps telephoning every few hours complaining that her lawyer is waiting to hear from mylawyer. What are the post completion sale legalities following completion?

Post completion of your sale your lawyer should deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer must also confirm that the mortgage has been discharged to the purchasers solicitors. There is unlikely to be post completion requirements specific conveyancing in Crofton Park.

I'm purchasing my first flat in Crofton Park with the aid of help to buy. The sellers refused to reduce the amount so I negotiated £7000 of additionals instead. The estate agent suggested that I not disclose to my lawyer about this extras as it may jeopardize my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Crofton Park is the location of the property. Is there any guidance you can impart?

Flying freeholds in Crofton Park 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 Crofton Park you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Crofton Park may determine 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.

I own a a ground floor purpose built flat in Crofton Park. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?

if there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the premium.

An example of a Lease Extension decision for a Crofton Park premises is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case related to 1 flat.

What makes a Crofton Park lease unmortgageable?

Leasehold conveyancing in Crofton Park is not unique. Most leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are erroneous. The following missing provisions could result in a defective lease:

Service charge per centages that don't add up correctly leaving a shortfall

You will have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Chelsea Building Society, and Alliance & Leicester all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the buyer to withdraw.