2 months have gone by following my purchase conveyancing in Helston completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 property 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 am looking for a flat up to £195,000 and identified one round the corner in Helston I like with open areas and transport links in the vicinity, the downside is that it only has 52 remaining years left on the lease. There is not much else in Helston in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?

If you require a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

My husband and I are novice buyers - had an offer accepted, but the estate agent has warned us that the seller will only move forward if we appoint the agent's chosen conveyancers as they need a ‘quick sale’. We would rather use a family solicitor with experience of conveyancing in Helston

We suspect that the owner is unaware of this request. If they require ‘a quick sale', turning down a motivated purchaser is not the way to achieve this. Contact the sellers directly and explain that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)but you will continue to use your preferred Helston conveyancing firm - not the ones that will give their estate agent a introducer fee or achieve conveyancing targets demanded by corporate headquarters.

Helston Leasehold Conveyancing - A selection of Questions you should consider Prior to buying

How many of the leaseholders are in arrears for their service charge payments? This question is useful as a) areas could cause problems in the block as the common areas may start to deteriorate if maintenance remain unpaid b) if the tenants have an issue with the running of the building you will wish to have all the details You should be aware if it is less than eighty years it will impact the value of the apartment. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out what this will be. For most Helstonlease extensions you will need to own the property for a couple of years before you are eligible to carry out a lease extension.

The property lawyers handling our conveyancing in Helston has forwarded papers to review that state the land is unregistered with epitome documents. Why is the property not yet recorded at HM Land Regsitry?

Much of the property in Helston is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Helston conveyancing lawyers should be capable of dealing with this type of conveyancing but in the event that uncertainty reigns the prevailing guidance nowadays appears to be for the seller’s conveyancer to undertake the registration formalities first and thereafter sell - this will have a domino effect to cause a prolonged transaction.