We have a mortgage agreed in principle with Skipton. Canary Wharf conveyancing practitioners were chosen. What is the average time that one could expect to receive a mortgage offer from Skipton?

There is no definitive answer here. Have Skipton done the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

I am purchasing a property in Canary Wharf. One unusual aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

Given that you are obtaining a mortgage with Skipton your lawyer must follow the conveyancing requirements contained in Section two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease fails to comply with these requirements. The requirements relate to the installation of panels on properties in England and Wales and is not limited to Canary Wharf.

We were going to get a OIP from Lloyds this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Lloyds recommend any Canary Wharf solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Canary Wharf solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.

It has been 2 months since my purchase conveyancing in Canary Wharf concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Just had an offer accepted on a new build apartment in Canary Wharf. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Canary Wharf

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

How do I identify a Canary Wharf law firm on the Barclays conveyancing panel? I have a car and am prepared to travel upto 25miles to meet the conveyancer.

You can use the search on this website. Please select a mortgage company and your location and you will see a number of Canary Wharf conveyancing lawyers based on proximity. We have listed some Canary Wharf conveyancing firms towards the end of this page and you can ring them to see if they are on the Barclays panel

In sourcing the web for the words on line conveyancing in Canary Wharf it shows results of numerous property lawyersin the vicinity. How do I determine which is the suitable solicitor for purchase transaction?

The best way of choosing a suitable conveyancer is via trusted testimonial, so enquire of friends and those you trust who have bought a property in Canary Wharf or the local estate agent or mortgage broker. Fees for conveyancing in Canary Wharf differ, so it's advisable to request at least four costs illustrations from varying types of solicitors. Be sure to seek confirmation that the fees are fixed.