We were just about to sign contracts for a property in West Beckton. We have hit a problem. The mortgage offer with runs out on but the vendors are putting forward a completion date of . Is it possible to prolong the loan expiry date?

The best person to deal with your question is your solicitors who is in a position to assess if he or she is corresponding with the bank, seller’s conveyancers, property agents or indeed all three given the circumstances your conveyancing to date.

I am purchasing a new build house in West Beckton with a mortgage from . The builders refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent suggested that I not to tell my solicitor about the deal as it could put at risk my mortgage with . 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 have been on the look out for a leasehold apartment up to £305k and identified one near me in West Beckton I like with amenity areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in West Beckton suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you need a mortgage that many years will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.

In scouring the internet for the term conveyancing in West Beckton it reveals many property lawyersin the vicinity. With so much choice what is the best way to find the right property lawyer for my move?

The ideal way of choosing the right conveyancer is through a trusted referral, so seek the opinion of friends and family who have acquired a property in West Beckton or a respected estate agent or mortgage broker. Costs for conveyancing in West Beckton differ, so it's sensible to request at least four fee calculations from different conveyancers. Be sure to seek confirmation that the fees are fixed.

West Beckton Leasehold Conveyancing - A selection of Queries before Purchasing

The best form of lease structure is a share of the freehold. In this situation the tenants enjoy control and even though a managing agent is often retained where it is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Make sure you find out if there is anything that is prohibited in the lease. For instance some leases prohibit pets being allowed in certain buildings in West Beckton. If you love the propertyin West Beckton but your dog can’t make the move with you then you have a very difficult decision. It is important to be aware if redecorating or some other major work is due in the foreseeable future to be shared between the tenants and could well materially impact the level of the maintenance fees or necessitate a specific invoice.