Is there a reason why leasehold purchase conveyancing in West Dulwich costs more?

West Dulwich leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I'm purchasing my first flat in West Dulwich benefiting from help to buy. The builders would not move on the amount so I negotiated £7000 of extras instead. The property agent told me not to tell my solicitor about this side-deal as it may jeopardize my mortgage with Nationwide Building Society. Do I keep my lawyer in the dark?.

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.

Is it simple use your search tool to get a costs illustration from a conveyancing lawyer in West Dulwich on the approved list for my mortgage?

Step one is to select a mortgage company such as Santander, Barnsley Building Society or Godiva Mortgages Ltd then specify your location e.g. West Dulwich. Conveyancing organisations in West Dulwich and further afield should be identified.

I need to retain a conveyancing solicitor for sale conveyancing in West Dulwich. I have chance upon a web site which seems to have the ideal answer If it is possible to get all the legals done via phone that would be ideal. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

My partner and I are acquiring a 2 bedroom flat in West Dulwich. When we first instructed solicitor, they said that they were on all mainstream lender panels. The financial adviser called today to advise that they are not on the Aldermore approved list. Were it to be true, what should we do? Should we simply pick a different conveyancing practitioner that is on their panel or should we pay for separate representation, with Aldermore appointing their own preferred property lawyer.

When buying a property with the benefit of a mortgage it is standard for the buyer’s solicitors to also act for the mortgage company. In order to act for a bank or building society a property lawyer has to be on that lender's list of approved lawyers. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict criteria which the lawyer has to satisfy. Some mortgage companies now require their panel firms to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancing practitioner should call Aldermore to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on Aldermore's conveyancing panel as you are at liberty to use your preferred West Dulwich lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another conveyancer into the equation.