My partner and I are buying our first home. The conveyancer has e-mailedto check if we want to purchase supplemental conveyancing searches. Unfortunately we are clueless as to what's relevant for conveyancing in Wollaston

The scope of Wollaston conveyancing searches depends primarily on the premises, the location, the possibility of any of these risks, your familiarity of the region and risks, your overall attitude to risk. What is important is that you adequately appreciate what information the searches could provide. You may then decide if you personally think you need that search. Should you be in doubt, ask the conveyancer to recommend.

It has been five months following my purchase conveyancing in Wollaston concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the advice of my in-laws I had a survey completed on a property in Wollaston before appointing lawyers. I have been advised that there is a flying freehold element to the house. My surveyor has said that some banks tend refuse to issue a loan on a flying freehold home.

It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wollaston. Conveyancing will be smoother if you use a solicitor in Wollaston especially if they are familiar with such properties in Wollaston.

In my capacity as executor for the will of my grandmother I am selling a property in Swansea but live in Wollaston. My solicitor (who is 250 miles awayneeds me to execute a stat dec before completion. Can you recommend a conveyancing solicitor in Wollaston who can witness this legal document for me?

strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are located in Wollaston

What makes a Wollaston lease defective?

There is nothing unique about leasehold conveyancing in Wollaston. All leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are wrong. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party. Maintenance charge proportions which don’t add up to the correct percentage

You may encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Lloyds TSB Bank, Leeds Building Society, and Platform Home Loans Ltd all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the buyer to withdraw.

Leasehold Conveyancing in Wollaston - Sample of Queries Prior to Purchasing

Who is in charge of the building? How much is the maintenance charge and ground rent on the flat? How long is the Lease?