I plan on purchasing an apartment in Covent Garden. My Conveyancer is not listed on the mortgage company approved panel. Am I still permitted to use my Covent Garden conveyancing solicitor notwithstanding that they are not on the lender panel?

Various options include

• Proceed with your preferred Covent Garden property lawyer but your mortgage company will need to retain a conveyancing practitioner from their conveyancing panel. The net result is additional charges and likely frustration.
• Get a new conveyancing practitioner to act in the purchase, making sure they are on the bank conveyancing panel.
• Convince your lawyer to apply to join the lender panel

Why is leasehold purchase conveyancing in Covent Garden costs more?

The conveyancing charges for a leasehold premises in Covent Garden is inevitably more expensive as compared to a freehold transaction. This is due to the supplemental investigations required in dealing with the freeholder and managing agents to obtain evidence concerning whether the rent and service fee have been discharged and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the block.

We wanted to use a property lawyer in Covent Garden for our house move. Our broker informed us that our bank Norwich and Peterborough Building Society won't deal with them. Surely this is unduly restrictive?

A bank will direct that a panel solicitor act for it. Borrowers are liable to bear the cost of this. Try using our tool to locate a solicitor to carry conveyancing in Covent Garden on the Norwich and Peterborough Building Society member panel.

How does conveyancing in Covent Garden differ for newly converted properties?

Most buyers of new build residence in Covent Garden come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Covent Garden usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Covent Garden or who has acted in the same development.

What makes your site different to alternative online quote calculators for conveyancing in Covent Garden?

At this site receive a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Covent Garden. Unlike many estate agents and many comparison sites we do not have kick-back deals with solicitors. Some agents and online brokers 'recommend' the firm that pays the most kickback, rather than the best value conveyancing in Covent Garden