I am purchasing a new build flat in Harold Wood. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Harold Wood you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Harold Wood.
Is it correct that all Harold Wood CQS (Conveyancing Quality Scheme) solicitors are on the Yorkshire BS conveyancing list of approved practices?
It is true that some lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
I am expecting a AIP from Coventry BS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Coventry BS recommend any Harold Wood solicitors on the Coventry BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Harold Wood solicitors independently although you'll need to choose one on the Coventry BS conveyancing panel. The solicitor represents both you and Coventry BS through the process.
Nationwide have agreed my home loan in principle, my offer on a house in Harold Wood has been agreed to, what happens next?
Your property agent will need to know who your solicitors are (be sure the conveyancing practitioners are on the bank’s approved list). Telephone Nationwide or the financial adviser and complete any appropriate documentation. Nationwide will appoint a valuer who will get in contact with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Nationwide will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Harold Wood.
I used Stirling Law several years past for my conveyancing in Harold Wood. I now require my file however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Harold Wood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing my first flat in Harold Wood with the aid of help to buy. The sellers refused to budge the amount so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not disclose to my lawyer about the deal as it would jeopardize my loan with the lender. 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.
How easy is it to swap conveyancer as I have to choose a firm on the Skipton Building Society conveyancing list. I instructed a high street conveyancing solicitor in Harold Wood round the corner but he is not approved by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Harold Wood on the Skipton Building Society panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Harold Wood. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Harold Wood.
I am intending to sublet my leasehold flat in Harold Wood. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Notwithstanding that your last Harold Wood conveyancing solicitor is no longer available you can check your lease to check if you are permitted to let out the property. The rule is that if the deeds are silent, subletting is permitted. Quite often there is a prerequisite that you need to obtain consent via your landlord or some other party in advance of subletting. This means that you cannot sublet without first obtaining consent. Such consent should not be unreasonably withheld. If your lease does not allow you to sublet you will need to ask your landlord if they are willing to waive this restriction.
Despite our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Harold Wood. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We are happy to put you in touch with a Harold Wood conveyancing firm who can help.
An example of a Lease Extension case for a Harold Wood residence 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 number of years remaining on the existing lease(s) was 57.5 years.