Our son is in the process of securing a newly built flat in Harold Hill with a home loan from Barclays. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Barclays conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Is there a search tool that I can use to find out if the solicitor handling my conveyancing in Harold Hill is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Britannia thus paying £175.00 in additional legal fees.
You should make the most of the search tool on this web page. Pick the mortgage company and type ‘Harold Hill’ or your preferred area and you will see numerous conveyancers offices in Harold Hill or near you.
What can a local search inform me regarding the house we're purchasing in Harold Hill?
Harold Hill conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays an important part in many a Harold Hill conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
I'm converting the mortgage on my primary house to a buy to let loan with Godiva Mortgages Ltd and intend to use the remaining equity as a deposit on another property. The location we are talking about is Harold Hill. Will your conveyancers be able to act for the two banks and link together the transactions?
Do use our comparison tool on this page to be sure that the lawyers are approved by both banks. Assuming that they are the solicitor should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make clear your expectations and requirements.
Having checked my lease I have discovered that there are only Seventy years remaining on my flat in Harold Hill. I now want to extend my lease but my landlord is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to track down the freeholder. On the whole a specialist would be useful to conduct investigations and to produce a report to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a solicitor in relation to proving the landlord’s disappearance and the vesting order request to the County Court covering Harold Hill.
I am the proprietor of a ground-floor 1960’s flat in Harold Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
You certainly can. We are happy to put you in touch with a Harold Hill conveyancing firm who can help.
An example of a Lease Extension decision for a Harold Hill flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The remaining number of years on the lease was 57.5 years.
My financial adviser has recommended their conveyancing practitioner for our conveyancing in Harold Hill - Surely it’s better to just instruct them?
This is not necessarily the case and you are at liberty to opt for whichever lawyer you decide for your Harold Hill conveyancing. A conveyancing practitioner suggested by an estate agent may not always be the right property lawyer, they may put forward their preferred conveyancing firm who are based far away. In this instance you may not have contact with your lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.