Do I have to pop into the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in South Croydon so that I can attend their offices if required.

Whereas this was necessary 12 years ago, almost all lenders no longer oblige their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to provide identification documents and there are still distinct benefits to using a local practitioner, in your situation a conveyancing solicitor in South Croydon.

Various web forums that I have come across warn that are the main reason for obstruction in South Croydon conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in South Croydon.

I'm purchasing a new build house in South Croydon benefiting from help to buy. The sellers refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The property agent told me not to tell my solicitor about the side-deal as it would jeopardize my mortgage with Chelsea Building Society. Is this normal?.

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.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in South Croydon I like with open areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in South Croydon in this price bracket, so just wondered if I would be making a grave error buying a short lease?

Should you need a mortgage that many years may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

My plan is to acquire a ground floor maisonette in South Croydon. Conveyancing lawyer has been awaiting, from the owner, building insurance schedule. Earlier today I was informed that the vendor needs to forward the insurance schedule for the flat above as well. Why would my conveyancing practitioner want to review the insurance for the other flat? Is it strictly required? We have been stalled for the previous fortnight…

It is not impossible in leasehold conveyancing in South Croydon to discover Conveyancing in South Croydon in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the entire premises - which is clearly better. Do clarify with your solicitor but it would seem that your conveyancing practitioner is seeking to establish that the complete building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be reinstated as a result of lack of insurance cover.