My financial adviser has asked me for my Haringey lawyer’ panel reference for the HSBC conveyancing panel. How do I find this out. I have tried my local Haringey office but they have not responded to me.
Have you tried contacting your Haringey conveyancer about this?. Most Haringey law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
Are the Haringey conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Haringey conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
I am purchasing a new build house in Haringey benefiting from help to buy. The sellers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not inform my lawyer about this side-deal as it would adversely affect my loan with Nationwide Building Society. 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.
Do I need to be suspicious about brokers that I am dealing with are encouraging me to use an online conveyancing firm as opposed to a local Haringey conveyancing firm?
As with lots of professional services, often recommendations from relatives can be extremely useful or valuable. Nevertheless there are lots of parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks may put forward solicitors to retain. Sometimes these lawyers might be known to one of the organisations as experts in their field, but sometimes there may be a commercial relationship behind the endorsement. You are free to appoint your preferred lawyer. You need to be aware that some mortgage providers specify a panel list of law firms you are obliged to use for the lender related work in your house move.
Back In 2003, I bought a leasehold flat in Haringey. Conveyancing and Halifax mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Haringey who acted for me is not around. Do I pay?
First contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to instruct a Haringey conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Haringey conveyancing firm to help?
Most definitely. We can put you in touch with a Haringey conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Haringey flat is 16 Langham Close in June 2009. The Tribunal determined that the premium to be paid by the Applicant to the Respondent for the grant of a new lease was £45,672. This case was in relation to 1 flat. The remaining number of years on the lease was 25.4 years.
I dont have enough spare money to pay a 10% deposit on my house purchase in Haringey , but I am anxious exchange. Do I have options?
You can accept a lower deposit. Most sellers will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment