I have given 2 months notice to my existing landlord and must leave my let out property in Childs Hill by the end of next month. Conveyancing for my house purchase is progressing. Is it possible to complete in a couple of weeks as don't want to have to find short term accommodation?
The normal practice is not to serve notice for your lease unless your lawyer suggests that you should. If you have not previously done so, notify to your conveyancer and urge them to they apply pressure on the other solicitors, try to get a realistic time scale from them that everyone will look to achieve
We are getting a further advance on our home loan from Aldermore as we wish to carry out a loft conversion to our house in Childs Hill. Do we need to select a local Childs Hill solicitor on the Aldermore conveyancing panel to deal with the paperwork?
Aldermore do not ordinarily instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.
We have a mortgage agreed in principle with Nationwide. Childs Hill conveyancing lawyers are appointed. How long does it take for Nationwide to forward the offer to the property lawyer?
Some lenders take longer than others. Have Nationwide done the survey? Have you informed Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Co-operative have agreed my home loan in principle, my bid on a apartment in Childs Hill has been agreed to, now what?
Your estate agent will want to be informed of your lawyer's details (ensure that the lawyers are on the lender’s panel). Call up Co-operative or the broker and complete any outstanding forms. Co-operative will instruct a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes about a fortnight to get a mortgage offer. Co-operative will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Childs Hill.
What will a local search reveal concerning the house we're buying in Childs Hill?
Childs Hill conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for example Onsearch The local search is essential in every Childs Hill conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search will supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I am buying a new build house in Childs Hill benefiting from help to buy. The sellers refused to reduce the amount so I negotiated £7000 of extras instead. The house builders rep advised me not reveal to my solicitor about this side-deal as it could put at risk my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
Do I need to be concerned about estate agents that I am dealing with are suggesting a national conveyancing firm as opposed to a local Childs Hill conveyancing company?
As with many service providers, often referrals from connections can be most helpful. Yet there are many players in a conveyancing transaction; estate agents, financial adviser and lenders may suggest solicitors to retain. On occasion these conveyancers might be known to one of the organisations as being good in their field, but sometimes there might be a financial incentive behind the endorsement. You have the right to select your own lawyer. Don't forget that some mortgage providers specify a panel list of conveyancers you must use for the mortgage related work in your house move.
Back In 2006, I bought a leasehold flat in Childs Hill. Conveyancing and Barclays Direct mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Childs Hill who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to instruct a Childs Hill conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Childs Hill. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We can put you in touch with a Childs Hill conveyancing firm who can help.
An example of a Lease Extension decision for a Childs Hill property is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case affected 1 flat.