Me and my husband are buying a leasehold flat in Fenham. My lawyer is not listed on the bank approved panel. Can I still retain my Fenham conveyancing solicitor even though they are excluded from the bank list of approved lawyers?

You must instruct a solicitor to deal with the formalities when you need a mortgage to buy your property. They will conduct all the relevant investigations on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. You could appoint a Fenham solicitor of your choice. However, if the conveyancer selected is not on the bank solicitor panel supplemental charges will arise as separate legal representation will be need by the mortgage company. Lender panel applications can be submitted, so where your solicitor has not in the past sought membership they should take the opportunity to apply.

We are due to complete buying a property in Fenham but as a consequence of wreckage from the recent storms I have was able negotiate compensation from the owner of £2k by way of a adjustment in the price. This was going to be addressed as part of amending the contract yet Co-operative are not allowing this. Why were they notified?

The conveyancer being on a Co-operative approved list is required to inform Co-operative of any changes to the purchase price. If you were to refuse your conveyancer to notify the price change to Co-operative then they would have to discontinue acting for you. In addition, Co-operative and you would have to appoint a new property lawyer for your conveyancing in Fenham.

What does my ID and proof of funds have anything to do with my conveyancing in Fenham? Why is this being asked of me?

To satisfy the Money Laundering Regulations any Fenham conveyancing firm will require evidence of your identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility account showing your correct address.

Under Money Laundering Regulations, property lawyers are duty bound to check not only the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this will lead to your conveyancer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your conveyancers will have an obligation to make a disclosure to the appropriate authorities should they consider that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.

About to purchase a new build apartment in Fenham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Fenham

Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.

My folks cant seem to find their Fenham land registry title on the website. They recall that fifty years ago when they acquired the property there were complications with the address not being identified on some systems.

Almost all premises in Fenham should appear. Have you tried a search to simply the postcode. Usually it should disclose all the premises inside that postcode. Assuming the property is recorded it will show up with a title number. Where they bought back in the 60’s it's conceivable it may be not yet registered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title documentation which could be with your parent’s mortgage company.