I am obtaining a mortgage with Nat West. I would like to use a Licensed Conveyancer in Forest Hill. Does the Nat West Solicitor panel exclude Licensed Conveyancers?

The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

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

Two types of professional can do conveyancing in Forest Hill namely licenced conveyancers or solicitors. Both professionals administer the legal services that you need to complete the sale or acquisition of property. Both are duty bound to perform Forest Hill conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be properly conducted and that all requirements and steps will be accurately followed.

I am the only beneficiary of my late father’s estate with all property in now in my sole name, including the house in Forest Hill. Conveyancing formalities meant that the Land Registry date was in October. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', which means that my property ownership could be considered the same way as though I had purchased the property in October. Is the property unsalable for six months?

The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. Some lenders would take a practical view as this requirement primarily exists to identify the purchase and immediately sell or the quick reselling of property.

How can we know in advance if a Forest Hill conveyancing solicitor on the Co-operative panel is any good?

When it comes to conveyancing in Forest Hill obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer handling your transaction.

It has been 4 months following my purchase conveyancing in Forest Hill concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 asset 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.

I am purchasing a new build house in Forest Hill with the aid of help to buy. The developers refused to reduce the amount so I negotiated 6k of extras instead. The house builders rep told me not disclose to my conveyancer about this side-deal as it will impact my mortgage with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Forest Hill is the location of the property. Can you shed any light on this issue?

Flying freeholds in Forest Hill are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Forest Hill you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Forest Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.