Should conveyancers request money on account when it comes to conveyancing in East Dulwich?

If you are buying a property in East Dulwich your lawyer will request that you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the purchase price then this should be asked for immediately in advance of exchange of contracts. The final balance that is needed should be sent to your lawyer shortly before completion.

I am planning to move property in December. Will my conveyancing solicitor update the removal company on the completion day. As an aside, can you suggest a removal company in East Dulwich. Conveyancing firm was chosen before I stumbled across this page.

On the day of completion you can pick up the keys from your property agent but this should only be done when the sellers lawyers confirm to the agent that the monies to complete are in and the keys can be released. Subsequently you should tell the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in choosing a residential property solicitor in East Dulwich or a firm that specialises in conveyancing in East Dulwich.

We previously instructed solicitors locally in East Dulwich on the TSB solicitor approved list. They have just invoiced me an additional sum for the legal aspects of the TSB mortgage. Is this an additional conveyancing fee specified by TSB?

Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your solicitor may levy a fee for this. This fee is not dictated by TSB but by your East Dulwich conveyancer. Plenty of firms on the TSB panel will charge an ‘acting for lender’ fee but many firms incorporate it on their overall fee.

Our sealed bid on a semi in East Dulwich has been accepted, but there is a chain. The vendors have placed an offer on on an apartment, however it’s not been accepted yet, and have viewings of other apartments booked. I have selected a nearby conveyancing solicitor in East Dulwich. What do I do now? When do I get the mortgage application with Skipton started?

It is understandable to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is in the region of £1k, then valuation, East Dulwich conveyancing search costs, etc). First, you must check that your conveyancing practitioner is on the Skipton approved list. As to the subsequent phase this very much depends on the uniqueness of your transaction, desire for this property and on the state of the market. During a rising market the majority of buyers will apply for the mortgage with Skipton and pay for the valuation and only if it was satisfactory would they pay their conveyancer to press on with the conveyancing in East Dulwich.

My colleague recommended that if I am purchasing in East Dulwich I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is sometimes included in the estimate for your East Dulwich conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about East Dulwich around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the East Dulwich Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, East Dulwich Education with maps and statistics, Local Amenities and other useful data about East Dulwich.

I'm buying my first flat in East Dulwich with a mortgage from Nationwide Building Society. The builders refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not disclose to my solicitor about this deal as it could affect my loan with the bank. 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 the search app to find a conveyancing practitioner in East Dulwich on the panel for my lender?

Step one is to select a lender such as Barclays , Norwich and Peterborough Building Society or Britannia then choose your preferred area for example East Dulwich. Conveyancing practices in East Dulwich and nationally should be identified.