Our Stamford conveyancer has discovered a discrepancy when comparing the information in the valuation report and what is in the legal papers for the property. My lawyer informs me that he is duty bound to check that the lender is with this discrepancy and is content to go ahead. Is my conveyancer’s approach legitimate?

Your must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

I'm buying my first flat in Stamford with a loan from . The developers refused to budge the price so I negotiated five thousand pounds worth of extras instead. The sale representative told me not inform my lawyer about this deal as it would jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I opted to have a survey done on a house in Stamford in advance of retaining solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies will refuse to grant a loan on a flying freehold premises.

It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Stamford. Conveyancing may be slightly more expensive based on your lender's requirements.

What does commercial conveyancing in Stamford cover?

Stamford conveyancing for business premises incorporates a broad range of services, provided by regulated solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

We are in the process of purchasing a home in Stamford. Conveyancing is not yet done but we would like keep our transaction price a secret from sites such as Nestoria. Is this achievable and how?

HM Land Registry as a matter of law obliged to reveal price paid information on the official title for residential properties countrywide which includes premises in Stamford. The register of title is a public document, so HMLR would be breaking the law excluded specific homes such as your property in Stamford.

You can make a request of the Land Registry to withhold the amount paid entry however the answer would be in the negative.