My partner and I are only a couple days away from an exchange on a flat in Saltash and my parents have transferred the 10% deposit to my solicitor. I am now told that as the deposit has not come from me my property lawyer needs to disclose this to my lender. I am advised that, 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 about my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
Your solicitor is duty bound to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Can I use your services to locate a Conveyancing solicitor in Saltash even if I’m not buying or disposing of a house, for example if I intend to acquire an office in Saltash with a mortgage from Nationwide Building Society?
Our search tool is mainly there to help choose residential conveyancing solicitors in Saltash but we have listed towards the bottom of this page a few Saltash commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Nationwide Building Society
I am about to put an offer on a leasehold flat in Saltash. The selling agents assure me that it is usual for flats in Saltash to have less than 75 years remaining. I am expecting a loan with Bank of Ireland. Is this going to be acceptable if the lease has 72 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 16/9/2025 the requirements read as follows :
What does commercial conveyancing in Saltash cover?
Saltash conveyancing for business premises covers a broad array of guidance, supplied by regulated solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment 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.
I have just started marketing my garden flat in Saltash. Conveyancing solicitors are to be appointed soon, however I have recently had a yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as normal given that all ground rent and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a 1st floor flat in Saltash, conveyancing having been completed February 2004. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Saltash with over 90 years remaining are worth £176,000. The ground rent is £50 invoiced every year. The lease ends on 21st October 2075
With 50 years unexpired we estimate the premium for your lease extension to range between £31,400 and £36,200 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
Our financial adviser has recommended their conveyancing practitioner for my conveyancing in Saltash - Is it not simpler better to just use them?
It is worth checking if the selling agent is recommending a conveyancer or introducing to a conveyancing practitioner. There are plenty of Saltash selling agents who recommend two or three Saltash conveyancing firms purely based on those lawyers offering a great service.