Recently contacted my conveyancing lawyer in Wanstead who completed the legal work 18 months ago requesting a conveyancing costs illustration based on an identical type of house move (a leasehold premises and a freehold premises) of almost identical values with a mortgage from The Mortgage Works. It looks as though am now being quoted twice the amount. Should I look for an alternative firm of conveyancing solicitor?

The costs illustration is slightly on the expensive side. If you you were to look around you might reduce the fees slightly by as much as £100 plus VAT. That being said, assuming were satisfied with the assistance the firm provided you maylive to rue choosing an an unknown conveyancer. Remember to check the conveyancer can represent The Mortgage Works. Do utilise our search tool to get a quote a Wanstead conveyancing firm on the The Mortgage Works conveyancing panel, which can often include conveyancing solicitors in Wanstead.

Me and my partner are purchasing a house in Wanstead. It might be a silly question but how we can trust a lawyer? At some point we have to send our life savings into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Have just purchased a probate house at auction in Wanstead. Conveyancing is necessary. What are my next steps?

Now that you have legally bound yourself to purchase you will need to instruct a conveyancing lawyer soon as you are facing a tight a drop dead date to complete the property. An auction property should have a bespoke auction pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding in order to complete on the date specified in the contract.

My wife and I are in the process of viewing flats in Wanstead and I am now considering a potential offer. Is it advisable to have a property lawyer on ‘stand by’? I intend to finance via a home loan with Nottingham.

It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are getting a mortgage with Nottingham, make sure you remember to check that your lawyer is on the Nottingham conveyancing panel.

I used Arc property Solicitors a few years ago for my conveyancing in Wanstead. I now require my file but the law firm has closed. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Wanstead of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am using a search engine for the phrase cheap conveyancing in Wanstead it shows results of many solicitorsin the area. How do I determine which is the suitable conveyancer for purchase transaction?

The ideal way of choosing a suitable conveyancer is through a personal recommendation, so seek the counsel of friends and family who have bought a property in Wanstead or a local estate agent or financial adviser. Fees for conveyancing in Wanstead differ, so it's sensible to secure a minimum of four fee estimates from different property lawyers. Be sure to obtain confirmation that the costs are guaranteed not to escalate.

We are in the middle of purchasing a house in Wanstead. Conveyancing lawyer has told us the title is "Leasehold". Should this impact our mortgage valuation?

Wanstead conveyancing does not normally involve leasehold houses. The key factor here is the remaining lease term and the ground rent. If there are over a hundred years remaining with a peppercorn rent, it's almost the same as freehold, so it shouldn't impact the marketability too much.

At the other end of the spectrum, if it's, say, Sixty years it will have a adverse impact on the value, and probably wouldn't be acceptable to the bank. The remaining lease term and ground rent will be specified in the lease to be supplied to your conveyancer.