Me and my partner are purchasing a flat in Quorn. It might be a silly question but how we can trust a solicitor? On completion day we have to send our life savings into their account. What protection do we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

My wife and I buying a victorian detached house in Quorn. We would like to an extension at the rear at the property.Will the conveyancing process involve checks to see if these alterations are allowed?

Your conveyancer should check the deeds as conveyancing in Quorn can sometimes identify restrictions in the title documents which prevent categories of changes or need the permission of another owner. Some additions need local authority planning consent and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.

When it comes to mortgage companies such as Clydesdale, do Quorn conveyancers face a fee to be on the list of approved solicitors?

We are not aware of any lender fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.

Should commercial conveyancing searches disclose impending roadworks that could affect a commercial estate in Quorn?

Its becoming the norm that commercial conveyancing solicitors in Quorn will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Quorn. The search result 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 Quorn.

For each commercial conveyancing transaction in Quorn it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Quorn commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Quorn.

Over the last few months I have been searching for a flat up to £195,000 and identified one round the corner in Quorn I like with open areas and station nearby, however it's only got 51 years on the lease. I can't really find anything else in Quorn suitable, so just wondered if I would be making a mistake buying a lease with such few years left?

If you require a home loan the shortness of the lease may be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities 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 consult your conveyancing lawyer regarding this.

What are the frequently found defects that you witness in leases for Quorn properties?

Leasehold conveyancing in Quorn is not unique. All leases are drafted differently and drafting errors can result in certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Birmingham Midshires, Norwich and Peterborough Building Society, and Alliance & Leicester all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the buyer to withdraw.

I purchased a split level flat in Quorn, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Quorn with over 90 years remaining are worth £227,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2097

With only 71 years unexpired the likely cost is going to range between £9,500 and £11,000 as well as costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.

Estate agents have just been given the go-ahead to market my ground floor apartment in Quorn.Conveyancing lawyers have not yet been instructed however I have recently had a yearly maintenance charge demand – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as you normally would because all ground rent and service payments should be apportionedas part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially