We were just about to sign contracts for a property in Spitalfields. We encountered a stumbling block. Our loan offer with expires on but the sellers are insisting on a completion date of . Can one prolong the mortgage offer?

The best person to address this concern is your conveyancer who will hopefully determine whether he or she is better off negotiating with the lender, vendor’s solicitors, selling agents or possibly all three based on what has gone on in your conveyancing to date.

We are selling our home in Spitalfields. Will my need to be required to be on the conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Spitalfields is where the house is located. Is there any advice you can give?

Flying freeholds in Spitalfields are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Spitalfields you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Spitalfields 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.

Taking into account that I am about to spend £400,000 on a garden flat in Spitalfields I would like to talk to a conveyancer regarding thetransaction in advance of giving the go ahead to the firm. Is this something that you can arrange?

We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your property ownership legalities in Spitalfields.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The law firms that we put you in touch with believe that the fees you are quoted for your conveyancing in Spitalfields should be the amount on the final invoice that you end up paying.

I am the registered owner of a studio flat in Spitalfields, conveyancing having been completed in 1995. Can you work out an approximate cost of a lease extension? Similar properties in Spitalfields with an extended lease are worth £165,000. The ground rent is £45 charged once a year. The lease terminates on 21st October 50

With just 50 years left to run we estimate the price of your lease extension to be between £36,100 and £41,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.