The housing market in Walthamstow Village is hotting up. What can I do to speed up matters?

In the event that the seller is applying time constraints for your conveyancing it is advisable to make sure that your solicitor is familiar with the location as they will have local connections and know-how. It is possible that they would have handled otherproperties in the same neighbourhood. You would be best advised to use a Walthamstow Village conveyancing solicitor. Second, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that 18% of Walthamstow Village conveyancing deals are frustrated or jeopardised after discovering a buyer’s conveyancer was not on their banks panel. This can often result in the conveyancing being held up by as much as 21 days. It is estimated that this issue impacts approximately one hundred thousand home moves annually. Many Walthamstow Village conveyancing practices can not act for certain lenders so do check as early as possible.

five months have gone by following my purchase conveyancing in Walthamstow Village completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 residence 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 am purchasing my first flat in Walthamstow Village with the aid of help to buy. The developers refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not reveal to my lawyer about this deal as it could adversely affect my loan with the bank. Should I keep quiet?.

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.

Due to the advice of my in-laws I had a survey completed on a house in Walthamstow Village in advance of retaining solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies tend refuse to give a mortgage on this type of home.

It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Walthamstow Village. Conveyancing may be slightly more expensive based on your lender's requirements.

I need to switch lawyers as my Walthamstow Village lawyer is not on the lender's approved list of conveyancing solicitors. Is it practical to instruct different lawyers?

If you haven't yet instructed a solicitor to commence the conveyancing and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Walthamstow Village that you're considering.