I am nearing an exchange on a house in Knighton and my mum and dad have transferred the exchange deposit to my . I am now informed that as the deposit has not arrived from me my needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?

Your is duty bound to clarify with the bank to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Knighton?

Its becoming the norm that commercial conveyancing solicitors in Knighton will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Knighton. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Knighton.

For each commercial conveyancing transaction in Knighton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Knighton commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Knighton.

I own a renovated Edwardian property in Knighton. Conveyancing practitioner acted for me and . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching property. Is it worth asking to clarify?

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Knighton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing lawyer who conducted the purchase.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a straight forward, chain free conveyancing. Knighton is the location of the property. Can you offer any opinion?

Flying freeholds in Knighton 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 Knighton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knighton may decide 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 residence.

I own a ground floor flat in Knighton, conveyancing formalities finalised 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Knighton with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 levied per year. The lease finishes on 21st October 50

You have 50 years remaining on your lease we estimate the price of your lease extension to range between £36,100 and £41,800 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 extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.