My home in Palmers Green is up for sale and I have a purchaser. Does the lawyer have to be required to be on the Clydesdale conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
Do I need to pay for insurance to address the risk of chancel repairs when acquiring a residence in Palmers Green?
Unless a previous acquisition of the property took place after 12 October 2013 you could take it that lawyers delivering conveyancing in Palmers Green to remain encouraging a chancel search and or chancel repair liability policy.
I am purchasing a new build house in Palmers Green with the aid of help to buy. The developers would not budge the amount so I negotiated 6k of extras instead. The sale representative advised me not disclose to my solicitor about the extras as it will affect my loan with the lender. Is this normal?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Palmers Green ahead of appointing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies may not grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Palmers Green. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Palmers Green to see if the conveyancing costs will increase in light of this.
I am looking to sell my home. My former lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Palmers Green if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Palmers Green. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am on look out for some leasehold conveyancing in Palmers Green. Before I get started I want to be sure as to the number of years remaining on the lease.
If the lease is registered - and almost all are in Palmers Green - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the leaseholder of a a ground floor purpose built flat in Palmers Green. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
in cases where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the sum to be paid.
An example of a Lease Extension decision for a Palmers Green flat is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case related to 1 flat. The number of years remaining on the existing lease(s) was 81.79 years.