My wife and I are planning to buy a flat in Mansfield Woodhouse and are in fact using a Mansfield Woodhouse conveyancing practice. Within the past 48 hours our lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Aldermore have this morning contacted us to advise us that they have now hit a problem as our Mansfield Woodhouse solicitor is not on their conveyancing panel. Please explain?

When purchasing a property with the benefit of a mortgage it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own Mansfield Woodhouse solicitors, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.

Completed the sale of my flat in Mansfield Woodhouse last April yet the purchaser is e-mailing every few hours to moan that his lawyer is waiting to hear from mysolicitor. What should have happened now that I have sold?

Following your disposal your lawyer should send the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where relevant, your conveyancer must also evidence that the mortgage has been repaid to the buyers solicitors. There is unlikely to be post completion requirements peculiar conveyancing in Mansfield Woodhouse.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Mansfield Woodhouse. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Mansfield Woodhouse

Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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. Please confirm the Lease plans are surveyor prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

I am looking for a flat up to £235,500 and identified one close by in Mansfield Woodhouse I like with amenity areas and transport links nearby, however it's only got 51 remaining years left on the lease. I can't really find anything else in Mansfield Woodhouse in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan the remaining unexpired lease term will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

How does the Landlord & Tenant Act 1954 affect my business offices in Mansfield Woodhouse and how can your lawyers assist?

The 1954 Act affords security of tenure to commercial lessees, giving them the legal entitlement to make a request to court for a renewal lease and continue in occupation at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Mansfield Woodhouse