My wife and I are buying a property in Dockland Settlement. It might be a silly question but how we can trust a conveyancer? At some point we will need to put our life savings into their account. What is the protection we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a garden flat in Dockland Settlement. Do I receive the keys to the house on the completion date from my conveyancer? If so, I will instruct a local conveyancing solicitor in Dockland Settlement?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s solicitors, and once they have received this, you will be invited to pick up the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.

When it comes to mortgage companies such as HSBC, do Dockland Settlement conveyancers incur a fee to be on the conveyancing panel?

We are unaware of any bank fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.

I'm purchasing a new build house in Dockland Settlement benefiting from help to buy. The developers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep advised me not reveal to my conveyancer about this deal as it will jeopardize my loan with the bank. Should I keep quiet?.

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.

I am looking for a ground for flat up to £195,000 and identified one close by in Dockland Settlement I like with open areas and transport links nearby, however it's only got 51 years unexpired on the lease. I can't really find anything else in Dockland Settlement for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

If you need a mortgage the shortness of the lease may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

In searching the internet for the words on line conveyancing in Dockland Settlement it brings up numerous solicitorslocally. With so much choice what is the best way to find the right property lawyer for purchase transaction?

The ideal way of finding the right conveyancer is through a trusted recommendation, so seek the counsel of colleagues and family who have bought a property in Dockland Settlement or a local estate agent or financial adviser. Costs for conveyancing in Dockland Settlement differ, so it's advisable to obtain at least three quotes from different law firms. Dont forget to clarify that the charges are assured not to to be inflated.

My wife and I have had DIP from Halifax who said we could borrow up to £218k. When do I need to instruct a practitioner for conveyancing? Dockland Settlement is where we are .

It would be wise to appoint a conveyancer now and ask them to generate a file on your behalf. This will facilitate: 1) the selling agent to send out the Sales Memorandum to the relevant parties 2) the seller’s conveyancer to send out the draft agreement. However, do not ask your property lawyer to order searches until you have your valuation report from Halifax and you are willing to proceed.