It has come to my attention via my financial adviser that my Buckhurst Hill the law firm I have appointed is not on the bank Solicitor panel. How can I check?
You need to contact your Buckhurst Hill lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a Buckhurst Hill conveyancing firm that is on the approved list of lawyers for your mortgage company.
We note that you have a search directory identifying law firms on the Santander conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Buckhurst Hill?
We are a listing service only for law firms wishing to communicate if they are on the Santander conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Buckhurst Hill.
Me and my brother purchased a renovated Victorian property in Buckhurst Hill. Conveyancing solicitor acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Buckhurst Hill 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 mortgage companies. You can also enquire as to the position with your conveyancing solicitor who conducted the purchase.
I am buying my first flat in Buckhurst Hill benefiting from help to buy. The builders refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not inform my solicitor about this deal as it may put at risk my loan with Godiva Mortgages Ltd. 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.
I am looking for a leasehold apartment up to £235,500 and identified one near me in Buckhurst Hill I like with amenity areas and transport links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Buckhurst Hill suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
In my capacity as executor for the estate of my uncle I am selling a property in Neath but live in Buckhurst Hill. My solicitor (who is 250 miles awayrequires that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in Buckhurst Hill who can witness this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Buckhurst Hill based