We are getting closer to an exchange on a house in Selhurst and my mum and dad have sent the 10% deposit to my . I am now advised that as the deposit has been received from someone other than me my needs to disclose this to my bank. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?

The is legally required 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 disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.

I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Selhurst is where the house is located. Can you offer any opinion?

Flying freeholds in Selhurst are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Selhurst you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Selhurst 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 premises.

I'm refinancing my current house to a buy to let mortgage with and intend to use the remaining equity as a deposit on another house. The location we are talking about is Selhurst. Will your conveyancers be able to act for the two mortgage companies and tie in the conveyances?

Do use our search tool on this page to ensure that the lawyers are approved by both lenders. Assuming that they are the solicitor will be able to tie up the two transactions but you should have a chat with you conveyancer and make apparent your desired outcome and requirements.

We're FTB’s - had an offer accepted, but the estate agent informed us that the vendor will only go ahead if we use their preferred solicitors as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Selhurst

It is highly unlikely the vendors are driving this. If they desire ‘a quick sale', alienating a motivated buyer is counter productive. Avoid the agents and go straight to the sellers and make sure they understand (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to use your preferred Selhurst conveyancing solicitors - not the ones that will earn the estate agent a kickback or meet his conveyancing thresholds demanded by head office.

I am the registered owner of a 2 bed flat in Selhurst, conveyancing having been completed 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Selhurst with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 50

With 50 years remaining on your lease we estimate the price of your lease extension to span between £36,100 and £41,800 as well as legals.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.