The Harwich conveyancing firm handling our Harwich conveyancing has spotted a difference when comparing the information in the valuation report and what is revealed within the legal papers for the property. My solicitor has advised that he needs to check that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance appropriate?

Your 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.

I am buying a house and the conveyancer has identified Chancel Repair to which the property could be obligated to contribute to because it falls into the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Harwich

Unless a prior acquisition of the house completed post 12 October 2013 you can take it that conveyancing practitioners carrying out conveyancing in Harwich to remain encouraging a chancel search and or insurance against a claim.

It has been four months following my purchase conveyancing in Harwich completed. I have checked the Land Registry website which shows that I paid £150,000 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 residence 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.

I'm buying a new build house in Harwich with a loan from Yorkshire Building Society. The builders would not budge the amount so I negotiated £7000 of extras instead. The property agent suggested that I not reveal to my solicitor about this deal as it could adversely affect my loan with Yorkshire Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

Over the last few months I have been searching for a ground for flat up to £195,000 and identified one round the corner in Harwich I like with open areas and station nearby, the downside is that it only has 49 years on the lease. There is not much else in Harwich in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.