We are getting closer to an exchange on a property in Mansfield and my parents have sent the ten percent deposit to my . I am now informed that as the deposit has been received from someone other than me my needs to make a notification to my mortgage company. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?

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

As someone with no idea as to the Mansfield conveyancing process what is your top tip you can impart concerning the house moving process in Mansfield

You may not hear this from too many lawyers but conveyancing in Mansfield or throughout is often a confrontational process. Put another way, when it comes to conveyancing there exists an abundance of room for friction between you and others involved in the legal transfer of property. For instance, the vendor, estate agent and sometimes a mortgage company. Selecting a law firm for your conveyancing in Mansfield an important selection as your conveyancer is your adviser, and is the ONE person in the legal process whose interest is to look after your legal interests and to protect you.

There is a definite creep in the "blame" culture- someone has to be at fault for the process taking so long. We recommend that you your first instinct should be to trust your conveyancer above the other parties when it comes to the legal transfer of property.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Mansfield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Mansfield

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan.

Mansfield Leasehold Conveyancing - A selection of Queries Prior to buying

What prohibitions are there in the Mansfield Lease? Plenty Mansfield leasehold properties will incur a service charge for the upkeep of the building invoiced by the management company. Where you purchase the flat you will have to pay this liability, usually in instalments accross the year. This may vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a ground rent for you to pay annual, ordinarily this is not a significant figure, say around £25-£75 but you should to check it because on occasion it could be prohibitively expensive. Are any of leasehold owners in dispute over their service charge payments?

Our conveyancer in Mansfield has discovered a defect with the lease for the flat we are buying in Mansfield. The seller’s lawyers have offered defective title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer says that as he is on the lender conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or the bank?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. A precondition to being on the mortgage company approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . 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.