My wife and I are nearing an exchange on a house in Parson Cross and my mum and dad have transferred the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my mortgage company. Apparently, in also acting for the mortgage company he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender concerning my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your solicitor is obliged to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
I have Fifty Six years left on my lease and require a lease extension for my apartment in Parson Cross. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 21/7/2026 the requirements read as follows :
The deeds to our home can not be found. The conveyancers who did the conveyancing in Parson Cross 10 years ago are no longer around. What do I do?
Nowadays there are copies made of almost everything, and your lawyer will be aware precisely where to find all the suitable documentation so you can buy or dispose of your property without any difficulty. If copies are not available, your conveyancer may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on your premises.
I'm buying my first flat in Parson Cross with the aid of help to buy. The sellers would not budge the amount so I negotiated £7000 of additionals instead. The sale representative advised me not reveal to my solicitor about this side-deal as it would jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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 am a sole trader hoping to lease a unit on the high street. Can you recommend solicitors offering fixed charges for non-domestic conveyancing in Parson Cross for under £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Parson Cross, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your contact information or email so as to enable us to furnish you with comprehensive commercial conveyancing quote.
I am attracted to a couple of flats in Parson Cross both have approximately fifty years unexpired on the leases. Do I need to be concerned?
A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the marketability of the lease reduces and it becomes more expensive to extend the lease. For this reason it is advisable to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease extension can be a difficult process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this arena.
I inherited a basement flat in Parson Cross, conveyancing having been completed 3 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Parson Cross with an extended lease are worth £227,000. The ground rent is £50 yearly. The lease finishes on 21st October 2098
With just 72 years unexpired we estimate the price of your lease extension to range between £9,500 and £11,000 as well as costs.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.