Our son is purchasing a house that has just been built in New Southgate with a mortgage from HSBC. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the valuer when asked. 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 HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We see that you have a post code search directory listing law firms on the Kent Reliance conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in New Southgate?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in New Southgate.
Our bank has suggested solicitors on their panel based in New Southgate but I would rather use a conveyancing lawyer in New Southgate or nearer to where I live. Can you assist?
The minority of New Southgate conveyancing practitioners are approved and listed on all banks conveyancing panel. Please make the most of our search tool to locate a New Southgate conveyancing solicitor on the on the bank panel.
My husband and I are four weeks into a freehold purchase having been directed to solicitors by the local agent to handle our conveyancing in New Southgate. I am not happy. Can you help me find new lawyers?
They would need to be very bad to suggest diss instructing them. Has your mortgage offer been sent? In the event that it has you need to advise them of the new contact details and get the mortgage documents are issued to the new lawyers. Your solicitor ideally should be on the banks panel to avoid escalating fees and complications. That should be your starting point. Our find a solicitor tool can assist you in finding a lender approved solicitor for your home move in New Southgate
I've recently bought a leasehold property in New Southgate. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have given up trying to purchase the freehold in New Southgate. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a New Southgate conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a New Southgate property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case was in relation to 2 flats. The unexpired term was 70.31 years.
Can you shed any light on the aspects of conveyancing offered by New Southgate conveyancing organisations?
On the whole New Southgate conveyancing solicitors will offer a wide array of assistance to domestic and rural land proprietors, vendors, first time buyers, landlords and leaseholders which may include:
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Residential sale conveyancing in New Southgate and wider afield
Domestic purchase conveyancing in New Southgate and countrywide
Freeholds or leaseholds involving unregistered titles Statutory Declarations Matrimonial conveyancing countrywide Non-contentious landlord & tenant matters
