My husband and I are approaching an exchange on a property in Lower Earley and my mum and dad have transferred the ten percent deposit to my . I am now told that as the deposit has not come from me my needs to disclose this to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I disclosed to the lender regarding my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?

Your is obliged to clarify with the bank to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.

My friend suggested that where I am purchasing in Lower Earley I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is sometimes quoted for as part of the standard Lower Earley conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Lower Earley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lower Earley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Lower Earley.

I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Lower Earley for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the previous owner?

The quickest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lower Earley conveyancing specialists.

I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Lower Earley is where the house is located. Is there any guidance you can impart?

Flying freeholds in Lower Earley are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lower Earley 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 Lower Earley may ascertain 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.

Lower Earley Leasehold Conveyancing - Examples of Queries Prior to Purchasing

How is the lease structured? It is important to be aware whether redecorating or some other major work is pending to be shared amongst the leaseholders and may well materially impact the level of the service charges or necessitate a specific payment. Its a good idea to find out as much as you can about the managing agents as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to day to day matters such as the tidiness of the communal areas. Ask prospective neighbours what they think of them. On a final note, be sure you understand the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money.