It has been four months since my purchase conveyancing in Exton took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the input of my in-laws I had a survey completed on a property in Exton prior to retaining lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks tend refuse to issue a mortgage on such a house.

It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Exton. Conveyancing may be slightly more expensive based on your lender's requirements.

We're FTB’s - had an offer accepted, but the selling agent told us that the owners will only go ahead if we appoint their recommended lawyers as they need a ‘quick sale’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Exton

It is unlikely the sellers are driving this. Should the owner want ‘a quick sale', turning down a motivated purchaser is not the way to achieve this. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you intend to use your preferred Exton conveyancing solicitors - rather thanthe ones that will give the estate agent a referral fee or hit his conveyancing thresholds set by senior management.

I am looking at a two maisonettes in Exton which have approximately forty five years left on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Exton. The lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the saleability of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this arena.

I inherited a 1st floor flat in Exton, conveyancing having been completed July 2011. Can you work out an approximate cost of a lease extension? Corresponding flats in Exton with over 90 years remaining are worth £222,000. The average or mid-range amount of ground rent is £50 per annum. The lease expires on 21st October 2097

With 71 years unexpired we estimate the price of your lease extension to range between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

I need to find a bank panel solicitor in Exton. Can you assist?

Unfortunately it’s not apparent why you need a Exton panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Exton are on their panel . If you do find such a firm in Exton not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site