We're in Mile End, FTBs buying with a mortgage (lender is , and our lawyer is on the conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I'm purchasing my first flat in Mile End with a mortgage from . The sellers would not budge the amount so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my solicitor about the deal as it may jeopardize my mortgage with the lender. Is this normal?.

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.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Mile End is where the house is located. Is there any advice you can impart?

Flying freeholds in Mile End are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Mile End you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mile End may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I'm remortgaging my current home to a BTL loan with and I will use the ballance of the raised equity towards another property. The neighborhood we are interested in is Mile End. Will your conveyancers be able to act for both sets of lenders and link together the conveyances?

Make use of our search tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are your solicitor should be able to tie up the two transactions but you should talk with you solicitor and communicate your expectations and requirements.

Estate agents have just been given the go-ahead to market my ground floor apartment in Mile End. Conveyancing lawyers have not yet been instructed, however I have recently had a quarterly service charge invoice – Do I pay up?

It best that you clear the service charge as you normally would given that all ground rent and service charges will be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Leasehold Conveyancing in Mile End - Examples of Queries Prior to Purchasing

How many of the leaseholders are in arrears for their maintenance charge payments? Who are the managing agents?