We were going to get a DIP from Skipton this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Skipton recommend any West Harrow solicitors on the Skipton conveyancing panel, or is it better to go independently?
You will need to appoint West Harrow solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local West Harrow bank branch on a couple of occasions and was told it does not impact the mortgage offer and they would lend. My West Harrow conveyancing solicitor - who is on the bank conveyancing panel- called to say that they will not lend based on their specific requirements. Who do I believe?
Provided that the property lawyer is on the mortgage company approved list, she or he must follow the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
Coventry BS have agreed my home loan in principle, my bid on a property in West Harrow has been agreed to, what are the next steps?
Your estate agent will need to be informed of your solicitor's details (ensure that the conveyancers are on the bank’s panel). Contact Coventry BS or the financial adviser and finish off any appropriate documentation. Coventry BS will sellect a valuer who will get in contact with the estate agent or owners to arrange a slot for the valuation to take place. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. Coventry BS will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in West Harrow.
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a property in West Harrow? or I am told that there is historic law that means some house owners living in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in West Harrow?
Unless a prior purchase of the house completed post 12 October 2013 you could expect conveyancing practitioners handling conveyancing in West Harrow to continue to recommend a chancel search and or chancel repair liability policy.
I am purchasing my first flat in West Harrow benefiting from help to buy. The sellers refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not reveal to my solicitor about this side-deal as it could put at risk my loan with the lender. Should I keep quiet?.
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.
Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in West Harrow I like with a park and transport links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in West Harrow for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan that many years will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
What tools are available to search for a West Harrow law firm on the Skipton Building Society conveyancing panel? I have wheels and am happy to travel upto 25miles to meet the conveyancer.
Feel free to make use of the tool on this website. Please select a lender and your location and you will see a number of West Harrow conveyancing lawyers locally. We have listed some West Harrow conveyancing firms at the bottom of this page and you can call them to verify if they are on the Skipton Building Society approved list
What type of property do your West Harrow conveyancing quotes apply to?
The quotes provided are only relevant to standard domestic homes in England & Wales. Where you have any different requirements for instance industrial or agricultural land or commercial conveyancing in West Harrow please contact us to discuss this further .