I have given 2 months notice to my existing landlord and must leave my rented flat in New Southgate by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in a couple of weeks as don't want to have to find temporary accommodation?
It is unwise to serve notice on a rental until you have exchanged. If you have not previously done so, notify to your solicitor and ask them to they chase the other lawyers, try to an agreed time frame that all parties will look towards
My wife and I are buying a flat in New Southgate. It might be a silly question but how we can trust a lawyer? On completion day we have to send money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm in the throws of looking at apartments in New Southgate and I am about to put in an offer. Should I already have a solicitor appointed at this stage? I intend to finance via a mortgage with Virgin Money.
You should start obtaining conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. Given that you are seeking a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
I am selling my apartment. I had a double glazing fitted in February 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Skipton are being problematic. The New Southgate solicitor who is on the Skipton conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I'm buying my first flat in New Southgate with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not disclose to my lawyer about this extras as it will jeopardize my mortgage 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.
Is it possible to transfer to a new firm as I have to find a firm on the Bank of Ireland conveyancing panel. I instructed a high street conveyancing solicitor in New Southgate five minutes from me but the firm is not accepted by Bank of Ireland
We will our best to assist in finding you a conveyancing solicitor in New Southgate on the Bank of Ireland panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in New Southgate. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in New Southgate.
I am hoping to put an offer on a small detached house that appears to be perfect, at a great figure which is making it more attractive. I have just found out that the title is leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in New Southgate. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in New Southgate are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in New Southgate so you should seriously consider looking for a New Southgate conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’spermission to carry out alterations. It may be necessary to pay a maintenance charge towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will appraise you on the various issues.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in New Southgate. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a New Southgate conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a New Southgate flat 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 number of years remaining on the existing lease(s) was 70.31 years.
My fiance and I are planning to purchase a 2 room flatin New Southgate with a loan from a bank. We have a lawyer in New Southgate but our bank says he's not listed on their "panel". It seems we have little choice but to instruct from the our bank panel solicitors or stay with our New Southgate solicitor and incur the extra legals for one of their panel ones to represent our mortgage company. This seems very unfair; Can we not simply insist that our mortgage company use our New Southgate lawyer?
Unfortunately,no. The mortgage company home loan offered to you is subject to its terms and conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. in the past, most mortgage companies had open panels, including most conveyancing solicitors in New Southgate : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for your lender.