The Kennington conveyancing firm handling our Kennington conveyancing has uncovered a difference when comparing the assumptions in the home valuation report and what is revealed within the title deeds. My solicitor has advised that he is duty bound to ensure that the lender is OK with this discrepancy and is still content to lend. Is my lawyer’s approach correct?

Your must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

It has been five months following my purchase conveyancing in Kennington took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 premises 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'm buying my first flat in Kennington benefiting from help to buy. The developers would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my conveyancer about this deal as it would impact my mortgage with . 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.

Kennington Leasehold Conveyancing - A selection of Queries before Purchasing

Who are the managing agents? This question is helpful as a) areas can cause problems in the building as the communal areas may start to deteriorate if maintenance remain unpaid b) if the leaseholders have a dispute with the managing agents you will want to know about it Make sure you investigate if there is anything that is prohibited in the lease. For instance some leases prohibit pets being permitted in certain buildings in Kennington. If you like the propertyin Kennington but your dog is not allowed to live with you then you have a very difficult decision.

Why can I not complete our conveyancing in Kennington on Good Friday?

Because on completion the purchase price needs to pass between the banks of the purchaser and owner’s and at present this can only happen on a working day. It is not possible to complete on a saturday or sunday either.