I can't travel far from Bexleyheath. I would like to know the understand why all Bexleyheath lawyers are not on all bank panels?

Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lending institutions to review their conveyancing panels, which kicked off a major policy change in the sector. This led to banks and building societies removing a number of firms from their official list of approved conveyancers .

Me and my partner are purchasing a house in Bexleyheath. I might seem paranoid but how we can trust a solicitor? On completion day we have to put money into their account. What protection do we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

What is the difference between a licensed conveyancer and conveyancing solicitor in Bexleyheath

There are many registered licenced Conveyancers in Bexleyheath and Solicitor firms in Bexleyheath offering conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. Both can deal with associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

I am the sole recipient of my late grandmother’s estate and I have everything in my name alone, including the house in Bexleyheath. The Bexleyheath property was put into my name in November. I plan to dispose of the house. I do know about the CML six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in November. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this clause is principally there to identify subsales or the wholesaling and assigning of property.

I am looking for a ground for flat up to £245,000 and identified one near me in Bexleyheath I like with open areas and railway links nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Bexleyheath suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?

If you require a home loan the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.

Can you offer any advice when it comes to choosing a Bexleyheath conveyancing firm to carry out our lease extension conveyancing?

When appointing a solicitor for your lease extension (regardless if they are a Bexleyheath conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with several firms including non Bexleyheath conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:

If the firm is not ALEP accredited then why not? What are the charges for lease extension work?

Despite our best endeavours, we have been unsuccessful in trying to purchase the freehold in Bexleyheath. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Absolutely. We can put you in touch with a Bexleyheath conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Bexleyheath property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired term as at the valuation date was 76 years.

We have instructed a Bexleyheath conveyancing solicitor for our home move (first time buyers) and have picked up in the engagement letter that they are not regulated by the Financial Conduct Authority. Should I be worried or is that the norm with conveyancer?

We can't see why they should be. Most lawyer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who dictate stringent obligations regulating amounts deposited on client account.