Me and my fiance are purchasing a 2 bedroom apartment in Forest Gate with a mortgage. We would like to retain our Forest Gate solicitor, but the lender says he's not on their "panel". We have to appoint one of the bank panel solicitors or keep our Forest Gate property lawyer as well as pay for one of their panel ones to act for them. We consider that this is unjust; is there anything we can do?

Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Forest Gate conveyancing lawyer to apply to be on the conveyancing panel.

Do I find a Licenced Conveyancer or Solicitor for conveyancing in Forest Gate?

There are many registered licenced Conveyancers in Forest Gate and Solicitor practices in Forest Gate who provide Conveyancing services We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. They may both also handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

My father pointed out to me me that in buying a property in Forest Gate there could be a number of restrictions affecting the ability to carry out external changes to a property. Is this right?

We are aware of anumerous of properties in Forest Gate which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Forest Gate should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Please help - my lawyer says that chancel insurance is required on my purchase. What is the level of cover for Forest Gate conveyancing?

The right level of chancel indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Leeds Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.

I have been on the look out for a ground for flat up to £235,500 and found one near me in Forest Gate I like with open areas and transport links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Forest Gate in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

If you need a mortgage that many years will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.

As co-executor for the estate of my aunt I am disposing of a property in Neath but live in Forest Gate. My conveyancer (approximately 300 kilometers awayhas requested that I sign a statutory declaration before completion. Can you recommend a conveyancing lawyer in Forest Gate who can witness and place their company stamp on the document?

strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Forest Gate based

I am buying a maisonette and cash is in place. I have provided lawyer with 2 separate proof of photographic ID, bank statement, endless utility bills. Now he requires a copy from a probate lawyer advising that the funds are legitimate and that it has come from inheritance and not via illegitimate means.

For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Forest Gate conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.