My grandson is buying a house that has just been built in North Harrow with a mortgage from Leeds Building Society. His solicitor has advised him of 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Leeds Building Society conveyancing panel as a standard part of the process, and to the surveyor 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 Leeds Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My mortgage company has recommended a law firm on their panel based in North Harrow but I would rather choose a conveyancing lawyer in North Harrow or nearer to where I live. Are you able to help?
It is by no means the case that all North Harrow conveyancing practitioners are listed all lender’s conveyancing panel. Please make use of our find an approved solicitor tool to identify a North Harrow conveyancing firm on the on the bank panel.
I have a semi-detached Victorian house in North Harrow. Conveyancing lawyer represented me and TSB. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in North Harrow and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing practitioner who carried out the work.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. North Harrow is where the house is located. Is there any guidance you can give?
Flying freeholds in North Harrow are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Harrow you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Harrow may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am looking into buying my first house which is in North Harrow and I am already nervous. I couldn't find anything specific about North Harrow. Conveyancing will be needed in due course but do you know about the North Harrow area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at North Harrow. In the meantime here are some basic statistics that we found
I have just appointed agents to market my garden flat in North Harrow. Conveyancing has not commenced, however I have just received a half-yearly service charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as normal as all rents and service invoices will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
My wife and I have hit a brick wall in seeking a lease extension in North Harrow. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We can put you in touch with a North Harrow conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a North Harrow premises is flat 93b Welldon Crescent in May 2009. The Tribunals valuation for a 90-year lease extension of this fat was £13,171 This case was in relation to 1 flat. The unexpired residue of the current lease was 75.25 years.