I am not in a position to travel far from Leyland. Please clarify why all Leyland conveyancing practitioners aren't included on all mortgage company panels?

Mortgage companies highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The elimination of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. It resulted in lenders pruning less reputable firms off their official list of approved solicitors .

My lawyer has discovered a a legal deficiency with the lease for the flat we are buying in Leyland. The other side have put forward defective title insurance as a solution. We are happy with insurance and will cover the costs. Our property lawyer says that he must ensure that the mortgage company is willing to move forward with this solution. Who is the client here, us or the lender?

Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. These conveyancing instructions have to be complied with.

3 months have elapsed following my purchase conveyancing in Leyland concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 house in Leyland ahead of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will not grant a mortgage on this type of premises.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Leyland. Conveyancing will be smoother if you use a solicitor in Leyland especially if they are accustomed to such properties in Leyland.

I am due to assess quotes for conveyancing in Leyland from various lawyer and decide on one. Am I right to get them to hold tight until I a suitable flat to buy.

We would recommend that you wait to request your lawyer to open a file and apply for searches once the sales memorandum has been sent by the estate agent particularly as Leyland conveyancing searches are a couple of hundred pounds.