Our grandson is about to exchange on a new build apartment in New Southgate with a mortgage from Nottingham. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Nottingham conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Nottingham conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I have recently appointed a conveyancing solicitor in New Southgate. I I am struggling to find out if they are on the Alliance & Leicester conveyancing panel. Could you assist?
The first thing to do is e-mail your lawyer and enquire whether they can act for the bank. Alternatively you should get in touch with Alliance & Leicester who may be able to confirm.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in New Southgate and how can you help?
The particular law that you refer to provides a safeguard to commercial tenants, granting the a statutory right to make a request to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in New Southgate
I am using a search engine for the words conveyancing in New Southgate it brings up numerous property lawyerslocally. With so much choice what is the best way to find the right solicitor for my move?
The best way of seeking a suitable conveyancer is through a personal recommendation, so ask colleagues and relatives who have purchased a property in New Southgate or a local estate agent or mortgage broker. Costs for conveyancing in New Southgate differ, so it's advisable to obtain at least four costs illustrations from varying types of law firms. Make sure that you clarify what costs in the quote includes.
I’m about to sell my garden flat in New Southgate. Conveyancing solicitors are to be appointed soon, however I have recently had a half-yearly maintenance charge demand – Do I pay up?
It best that you clear the invoice as normal given that all rents and maintenance invoices should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I am the registered owner of a ground floor flat in New Southgate. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
Most certainly. We can put you in touch with a New Southgate conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a New Southgate residence is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case related to 2 flats. The unexpired lease term was 70.31 years.
My father-in-law mentioned that before selecting a conveyancing lawyer they need approved by your mortgage company. I am new to the process but I have an AIP via HSBC and I already have a bricks and morter conveyancing solicitor in New Southgate lined up. Does Virgin Money require an approved solicitor to be used? Does a directory of approved solicitors even exist for my conveyancing in New Southgate?
You need to choose a solicitor that is on the Virgin Money panel. Just ring your preferred New Southgate conveyancing lawyer to check if they are on the Virgin Money panel. If they are not approved you have numerous alternatives open to you here:
- Complete the deal with your existing New Southgate property lawyer but Virgin Money will no doubt use a property lawyer from their approved list. The net impact is additional fees together with probable interruption.
- Appoint a fresh property lawyer to conduct the conveyancing, making sure they are on the Virgin Money conveyancing panel.
- Convince your solicitor to pull out all the stops to get listed on the Virgin Money panel of solicitors.