We are getting closer to an exchange on a house in Honor Oak and my parents have sent the ten percent deposit to my property lawyer. I am now told that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
Your conveyancer is duty bound to clarify with lender to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
About to place an offer on a leasehold flat in Honor Oak. The property agents assure me that it is standard for flats in Honor Oak to have less than 75 years unexpired on the lease. I am taking out a loan with Virgin. Is this going to be acceptable if the lease has 70 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/4/2026 the requirements read as follows :
Have completed on a a detached house in Honor Oak , What is the estimated time for the Land Registry to register the transfer to my name? My Honor Oak conveyancing solicitor works at snail pace, so I want to be sure that my purchase is recorded.
As far as conveyancing in Honor Oak is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. As of today approximately three quarters of such applications are completed in less than three weeks but occasionally there can be longer delays. Historically registration occurs after the buyer is living at the property thus 'speed' is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your lawyers can contact the land registry and explain the circumstances.
Due to the input of my in-laws I had a survey completed on a property in Honor Oak in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders may not grant a loan on this type of home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. If you e-mail us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Honor Oak. Conveyancing will be smoother if you use a solicitor in Honor Oak especially if they are acquainted with such properties in Honor Oak.
How simple is it to use the search app to select a conveyancing practitioner in Honor Oak on the authorised to act for my mortgage?
First choose a lender such as Accord Mortgages Ltd, Skipton Building Society or TSB then choose your preferred area for example Honor Oak. Conveyancing organisations in Honor Oak and nationally will then be listed.
I require the services of a bank panel solicitor in Honor Oak. Can you assist?
Unfortunately it’s not apparent why you need a Honor Oak panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Honor Oak are on their panel . If you do find such a firm in Honor Oak not listed please direct them to our site to list. After all the cost is only one £1 a month