We are hoping to buy a 3 bedroom flat in Harold Wood with a mortgage. We wish to retain our Harold Wood conveyancer, however the lender says he's not on their "panel". It seems we have little option but to use one of the lender panel conveyancing practices or continue with our Harold Wood conveyancer as well as pay for one of their panel firms to act for them. We regard this is inequitable; are we not able to require that the mortgage company use our Harold Wood lawyer ?

Unfortunately,no. Your mortgage offer 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. Another option that might be available is for your Harold Wood conveyancing lawyer to apply to be on the conveyancing panel.

I have todaybecome aware that Arc property Solicitors have closed. They carried out my conveyancing in Harold Wood for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the previous owner?

The quickest method to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Harold Wood conveyancing specialists.

I am buying my first flat in Harold Wood with a mortgage from The Mortgage Works. The sellers would not reduce the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not reveal to my solicitor about this extras as it may adversely affect my loan with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.

Due to the advice of my in-laws I had a survey completed on a property in Harold Wood ahead of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some lenders may not grant a loan on such a home.

It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Harold Wood. Conveyancing may be slightly more expensive based on your lender's requirements.

I am using a search engine for the words cheap conveyancing in Harold Wood it reveals numerous property lawyersin the area. With so much choice what is the best way to find the right conveyancer for purchase transaction?

The best way of finding the right conveyancer is through a personal referral, so seek the guidance of colleagues and relatives who have purchased a property in Harold Wood or the reputable estate agent or financial adviser. Fees for conveyancing in Harold Wood vary, so it's sensible to obtain a minimum of three estimates from varying types of companies. Be sure to seek confirmation that the charges are guaranteed not to to be inflated.