Is the fact that my conveyancer in Chingford is not listed on my bank's solicitor panel that there is a problem with the quality of the firm’s work?

It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Chingford conveyancing firm and enquire why they are no longer on the approved list for your lender.

I am buying a new build apartment in Chingford. Conveyancing is a frightening process 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 conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chingford

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

I am looking for a ground for flat up to £235,500 and found one near me in Chingford I like with open areas and railway links in the vicinity, however it only has 61 years unexpired on the lease. I can't really find anything else in Chingford for this price, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a home loan that many years will be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

I'm remortgaging my primary house to a BTL loan with and intend to use the remaining equity towards another property. The area we are looking at is Chingford. Will your conveyancers be able to act for the two banks and link together the conveyances?

Do use our comparison tool on this page to check that the conveyancers are approved by both mortgage companies. On the basis that they are your solicitor should be able to tie up the two deals but you should talk with you conveyancer and make apparent your desired outcome and needs.

My wife and I have recently appointed a conveyancing solicitor in Chingford. I need to find out if they are on the bank's approved list of lawyers. Can you advise?

One option is to contact your solicitor to check if they are on the bank's approved list. If that does not help call us and we can investigate and revert. Should the firm not be on the conveyancing panel we can certainly arrange a quality conveyancing solicitor in Chingford on the approved list for your lender.