Me and my husband are purchasing a ground floor flat in Plaistow. My lawyer is not on the lender solicitor list. Can I still continue with my Plaistow conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?

You will need to appoint a lawyer to complete the legal work required when you take out a loan to buy your home. The property lawyer will conduct all the necessary legal checks on the property, make sure that you will be properly registered as the owner and ensure that all the required mortgage paperwork is in place. You may select a Plaistow property lawyer of your choice. However, if the conveyancing practitioner appointed is not a member of the bank conveyancing panel additional costs will be levied as separate legal representation will be need by the mortgage company. Bank panel applications may be submitted, so if your solicitor has not in the past applied for membership they should take the chance to apply.

This question may be naive but I am wet behind the ears as a 1st time buyer of a two bedroom flat in Plaistow. Do I collect the keys to the house on the completion date from my solicitor? If this is the case, I will use a High Street conveyancing solicitor in Plaistow?

On the day of completion you do not need to go to the conveyancers office in Plaistow. Your solicitors will electronically transfer the purchase money to the vendor’s solicitors, and once they have received this, you should be invited to pick up the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.

When it comes to lenders such as Kent Reliance, do Plaistow lawyers have to pay a yearly amount to be on the conveyancing panel?

We are unaware of any lender fees to register on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.

The mortgage over my property is with Principality for my property in Plaistow. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Principality?

Your original mortgage agreement with Principality will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Principality’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. You need not do this via a Principality conveyancing panel lawyer.

I have been told that property searches are a common cause of hinderance in Plaistow conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Plaistow.

I am looking into buying my first house which is in Plaistow and I am already nervous. I couldn't find anything specific about Plaistow. Conveyancing will be needed in due course but do you know about the Plaistow area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Plaistow. In the meantime here are some basic statistics that we found

Looking forward to complete next month on a garden flat in Plaistow. Conveyancing lawyers assured me that they will have a report out to me tomorrow. What should I be looking out for?

Your report on title for your leasehold conveyancing in Plaistow should include some of the following:

You should be told what is to be regarded as a Nuisance as far as the lease is concerned if lease has a provision for a slush fund? What you can do if an adjoining owner breaches a clause of their lease? Setting out your legal entitlements in respect of common areas in the building.For example, does the lease permit a right of way over an accessway or staircase? You should have a good understanding of the insurance provisions

I am the registered owner of a ground floor flat in Plaistow. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?

Absolutely. We are happy to put you in touch with a Plaistow conveyancing firm who can help.

An example of a Lease Extension decision for a Plaistow property is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case related to 1 flat. The unexpired term was 69.77 years.