We are buying a property and require a conveyancing solicitor in Stamford Hill who is on the Leeds Building Society conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Stamford Hill.
I am planning to acquire a property and require a conveyancing solicitor in Stamford Hill who is on the Clydesdale approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Stamford Hill. We dont recommend any particular firm.
I am buying a new build house in Stamford Hill with a loan from Clydesdale. The developers refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not inform my lawyer about this side-deal as it will affect my loan with Clydesdale. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I was pointed in your direction by a few property agents in Stamford Hill to choose a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to market your services over and above another?
We don’t give any referral fee for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Can you provide any top tips for leasehold conveyancing in Stamford Hill with the aim of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Stamford Hill can be avoided where you instruct lawyers the minute your agents start marketing the property and ask them to put together the leasehold documentation needed by the purchasers’ solicitors. If you have the benefit of shareholding in the freehold, you should make sure that you have the original share certificate. Arranging a replacement share certificate is often a time consuming formality and frustrates many a Stamford Hill home move. Where a new share certificate is necessary, you should approach the company officers or managing agents (where applicable) for this at the earliest opportunity. You believe that you know the number of years left on your lease but it would be wise to double-check via your solicitors. A buyer’s lawyer will be unlikely to recommend their client to where the remaining number of years is below 80 years. It is therefore essential at an as soon as possible that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. Some Stamford Hill leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. The majority of freeholders or Management Companies in Stamford Hill charge for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack sought on or before finding a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in Stamford Hill.
I am the registered owner of a two-bedroom flat in Stamford Hill. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
Where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to arrive at the amount due.
An example of a Lease Extension case for a Stamford Hill property is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case was in relation to 1 flat. The unexpired lease term was 59 years.
My aunt completed her conveyancing in Stamford Hill Six years ago. She has since got married, divorced and in recent months got married again. She now wishes to the sell the Stamford Hill property. I think she will simply be asked to supply copies of the marriage papers to the property lawyer but she is concerned it will delay the sale of the house. Is it worth updating the title information for the house?
It is not absolutely necessary to bring up to date the register as long as you have the proof needed to show how the name change resulted.
The purchaser’s conveyancer should examine the land registry information and requisition evidence to prove the change of name for instance marriage documentation.