I am expecting a mortgage offer from Nat West. I intend to instruct a Licensed Conveyancer in Hainault. Does the Nat West Conveyancing panel allow for conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am acquiring a new build apartment in Hainault and my solicitor is informing me that she has to the lender to disclose incentives from the builder. The Estate Agents are hassling me to exchange and my preference is not to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My brother-in-law has suggested I instruct a conveyancing solicitor in Hainault. I need to find out whether they are on the Lloyds TSB Bank approved list of lawyers. Can you assist?
The first thing you should do is call the lawyer and enquire whether they can act for the lender. Alternatively please get in touch with Lloyds TSB Bank who may be able to confirm.
I am assisting my niece sell her house in Hainault. Does the conveyancing solicitor arrange an EPC or it is for the seller to coordinate?
Following the demise of Home Packs, energy performance certificates was retained a mandatory part of selling a house. An energy performance certificate should be commissioned prior to the property being marketed. This is not a task that conveyancers normally arrange. If you are using a Hainault conveyancing practitioner they may be able to arrange energy assessments due to their contacts with reputable local accredited person
I am due to move house in July. Should my conveyancing solicitor update the removal company on the completion day. As an aside, can you suggest a removal company in Hainault. Conveyancing solicitor was found prior to coming across your page.
On the afternoon of completion you can pick up the house keys from your selling agent however this should only be done after the previous owners lawyers inform the agent that the monies to complete are in and the keys can be collected. After that you will need to tell the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you locate a conveyancing in Hainault or a solicitor with expertise in conveyancing in Hainault.
HSBC have agreed my mortgage in principle, my bid on a apartment in Hainault has been agreed to, what are the next steps?
Your estate agent will wish to be advised as to your solicitor's details (ensure that the conveyancers are on the bank’s panel). Telephone HSBC or the financial adviser and finish off any relevant paperwork. HSBC will sellect a valuer who will get in touch with the selling agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. HSBC will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Hainault.
In what way can the Landlord & Tenant Act 1954 affect my commercial offices in Hainault and how can your lawyers assist?
The particular law that you refer to provides security of tenure to commercial leaseholders, giving them the legal entitlement to make a request to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Hainault
I am attracted to a two apartments in Hainault both have in the region of fifty years unexpired on the lease term. Will this present a problem?
A lease is a right to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease deteriorates and it becomes more expensive to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this area.
Having spent months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Hainault. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the premium.
An example of a Freehold Enfranchisement matter before the tribunal for a Hainault residence is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case affected 2 flats. The unexpired residue of the current lease was 69.26 years.