The Walsingham conveyancing firm handling our Walsingham conveyancing has identified an inconsistency when comparing the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My solicitor has advised that he is obliged to check that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s course or action appropriate?

Your must comply with the UK Finance Lenders’ Handbook requirements 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 you.

A relative advised me that where I am buying in Walsingham I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally quoted for as part of the standard Walsingham conveyancing searches. It is not a small report of more than thirty pages, listing and setting out important information about Walsingham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Walsingham.

I am buying a new build flat in Walsingham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Walsingham

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision.

I purchased a 1 bedroom flat in Walsingham, conveyancing formalities finalised 1995. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Walsingham with a long lease are worth £165,000. The ground rent is £45 levied per year. The lease finishes on 21st October 50

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

The suggested premium range 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 in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account 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.

We are in the middle of purchasing a house in Walsingham. Conveyancing solicitor has phoned to say the title is "Leasehold". Will this likely adversely affect the salability of the house?

Walsingham conveyancing does not in most situations involve leasehold houses. The main factor here is the length of lease and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's essentially freehold, so it shouldn't impact the saleability significantly.

On the flip side, if it's, say, Sixty years it will have a material impact on the value, and probably wouldn't be acceptable to the mortgage company. The remaining lease term and ground rent will be stated in the lease to be supplied to your .