My fiancee and I are buying our first property. Our conveyancing practitioner has contact usto see if we wish to take out supplemental conveyancing searches. We are really unsure what's necessary for conveyancing in Crouch End
The number and type of Crouch End conveyancing searches should be dictated entirely on the premises, the location, the probability of any of these risks, your familiarity of the area and risks, your overall attitude to risk. What is important is that you adequately understand what information each search could supply. You may then make a decision if you consider that you need that information. Where you are in doubt, ask your conveyancer to recommend.
I am buying a property in Crouch End. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Santander be concerned?
Given that your lender is Santander your lawyer must check the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Santander. The Council of Mortgage Lenders’ Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Santander where a lease does not meet these specifications. The conditions relate to the installation of panels on properties nationwide and is not isolated to Crouch End.
I have a mortgage with Clydesdale for my property in Crouch End. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
Clydesdale must be informed of your intention prior to renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will permit you to let 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 Clydesdale directly. You need not do this via a Clydesdale conveyancing panel solicitor.
Our sealed bid on a semi in Crouch End has been accepted, the sellers do nevertheless have a dependent purchase. The sellers have offered on a property, but it’s not yet tied up, and are looking at other apartments booked. I have chosen a nearby conveyancing solicitor in Crouch End. What should be my next step? When do I get the mortgage application with Nottingham started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx one thousand pounds, then survey, Crouch End conveyancing search charges, etc). First, you must ensure that your conveyancing practitioner is on the Nottingham approved list. Regarding the subsequent stages this very much dictated by the uniqueness of your transaction, motivation for this property and on the state of the market. In a buoyant market some purchasers would apply for the mortgage with Nottingham and arrange for the valuation and only if it comes back ok would they pay their conveyancer to press on with the conveyancing in Crouch End.
I am purchasing a new build house in Crouch End with the aid of help to buy. The builders refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not to tell my lawyer about this deal as it may adversely affect my mortgage with Lloyds TSB Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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 need to instruct a conveyancing practitioner in Crouch End for my house move. Can I review a solicitor's record with the legal regulator?
Members of the public may review published Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.
Expecting to exchange soon on a leasehold property in Crouch End. Conveyancing lawyers have said that they report fully tomorrow. What should I be looking out for?
Your report on title for your leasehold conveyancing in Crouch End should include some of the following:
-
What options are open to you if an adjoining owner is in violation of a provision in their lease? Advice concerning the obligations in the lease to to contribute towards maintenance costs - in relation to the building, and the more general rights a tenant has Are you allowed to have a pet in the flat? What the implications are if you breach a clause of your lease? Does the lease prohibit wood flooring?
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Crouch End conveyancing firm to help?
if there is a absentee landlord or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to decide the price.
An example of a Lease Extension decision for a Crouch End flat is Flat 2A 19 Shepherds Hill in June 2014. The tribunal concluded in accordance with section 48 and schedule 13 of the Leasehold Reform,Housing and Urban Development Act (the 1993 Act) that the premium payable in respect of the grant of a new lease for the Flat be £24,303 (twenty four thousand three hundred and three pounds) This case related to 1 flat. The remaining number of years on the lease was 67.85 years.
Is planning permission required to change a single dwelling into two appartments in Crouch End? This has occurred to a property next door to my home in Crouch End and was not aware of it happening until it was complete.
Planning consent is necessary for converting a single dwelling in Crouch End into apartments but probably not for converting back to single dwelling-house so, simply put, yes.