My husband and I are intent on purchasing property in Chalk Farm. My lawyer is not listed on the lender approved list. Can I still continue with my Chalk Farm conveyancing solicitor notwithstanding that they are excluded from the mortgage company panel?

You have a couple of options available to you here

• Complete the deal with your chosen Chalk Farm but your bank will undoubtedly use a on their approved list. The net result is additional cost and likely interruption.
• Choose a fresh to act in the purchase, ensuring that they are on the lender conveyancing panel.
• Convince your to seek to join the mortgage company panel

I am purchasing a new build flat in Chalk Farm. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Chalk Farm you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Chalk Farm.

I have been on the look out for a leasehold apartment up to £245,000 and found one round the corner in Chalk Farm I like with open areas and transport links in the vicinity, however it only has 51 years on the lease. There is not much else in Chalk Farm in this price bracket, so just wondered if I would be making a grave error buying a short lease?

Should you need a home loan the remaining unexpired lease term will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

I'm converting the mortgage on my current property to a BTL mortgage with and intend to use the remaining equity as a deposit on further house. The neighborhood we are talking about is Chalk Farm. Will your lawyers be able to act for both sets of banks and link together the two deals?

Do use our search tool on this page to check that the conveyancers are on the relevant lender panels. Assuming that they are your lawyer will be able to connect the two conveyancing matters but you should talk with you conveyancer and communicate your desired outcome and needs.

Chalk Farm Leasehold Conveyancing - Sample of Queries Prior to buying

The prefered form of lease structure is if the freehold title is in the ownership of the leaseholders. In this scenario the leaseholders enjoy being in charge if their destiny and notwithstanding that a managing agent is frequently retained where it is larger than a house conversion, the managing agent employed by the leaseholders. How much is the ground rent and service charge?