Are the BSA intent on creating a online directory to list practices on the Norwich and Peterborough Building Society conveyancing panel for instance in Swiss Cottage?
We have not been informed any intention on the part of the BSA to develop such a register.
I'm buying my first flat in Swiss Cottage benefiting from help to buy. The sellers would not reduce the price so I negotiated 6k of additionals instead. The estate agent suggested that I not to tell my lawyer about the side-deal as it will affect my loan with the lender. Is this normal?.
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 opted to have a survey done on a property in Swiss Cottage before retaining lawyers. I have been told that there is a flying freehold element to the property. The surveyor advised that some banks will not grant a mortgage on this type of property.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Swiss Cottage. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Swiss Cottage to see if the conveyancing will be more expensive.
I am looking to sell my home. My previous lawyers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Swiss Cottage if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Swiss Cottage. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I only have Sixty One years remaining on my lease in Swiss Cottage. I now wish to extend my lease but my landlord is absent. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to demonstrate that you or your lawyers have done all that could be expected to track down the freeholder. In some cases a specialist may be helpful to carry out a search and to produce a report which can be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court covering Swiss Cottage.
I inherited a ground floor flat in Swiss Cottage. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most certainly. We can put you in touch with a Swiss Cottage conveyancing firm who can help.
An example of a Lease Extension case for a Swiss Cottage premises is Raised Ground Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case related to 2 flats. The unexpired term was 16.83 and 16.43.
Our lender agreed in principle to grant us a mortgage. We appointed a long established conveyancer in Swiss Cottage last week. This morning, our broker called to say that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the bank had a say Is this allowed?
You can actually choose any property lawyer you want to use including the said conveyancer in Swiss Cottage nevertheless if your mortgage company aren't happy with them you will have to incur an extra fee so the mortgage company can retain their own solicitors as well to protect their interest. On occasion it is possible your solicitor may apply to get included on to the mortgage company panel. Do make the most of web-based search facilities such as lenderpanel.com to find a conveyancing solcitor in Swiss Cottage on the bank panel. You can go into your local mortgage company branch in Swiss Cottage. They can recommend conveyancing solicitors in Swiss Cottage on the bank panel.