Souldretaining a Woodford Green conveyancing solicitor make my purchase more efficient?

Woodford Green is a special area, where neighbourhood experience is a significant benefit. The relaxed pace of life has an upside – but not for your house move. The property lawyers that we endorse providing exhaustive Woodford Green intelligence with a proactive, can doapproach that helps everything runs smoothly. It is a definite plus where they enjoy established relationships with financial advisers, estate agents, surveyors and other Woodford Green conveyancing firms

I am buying my first flat in Woodford Green with a loan from Santander. The builders refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not inform my conveyancer about this side-deal as it will affect my mortgage with the lender. Is this normal?.

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.

I have been recommended by three or four local estate agents in Woodford Green to select a property lawyer on your site. What’s the financial advantage for Estate Agents to promote your site over and above a competitor’s?

We don’t give any financial incentive for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.

I only have 72 years left on my lease in Woodford Green. I am keen to get lease extension but my freeholder is missing. What are my options?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you have done all that could be expected to locate the lessor. In some cases an enquiry agent may be helpful to try and locate and to produce a report which can be accepted by the court as proof that the freeholder is indeed missing. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s disappearance and the application to the County Court covering Woodford Green.

I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Woodford Green conveyancing firm to assist?

You certainly can. We can put you in touch with a Woodford Green conveyancing firm who can help.

An example of a Freehold Enfranchisement matter before the tribunal for a Woodford Green premises is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case related to 2 flats. The unexpired residue of the current lease was 69.26 years.

Do banks and building societies provide you with an approved list of Woodford Green solicitors? How do you know who is on the bank conveyancing panel?

Woodford Green firms and firms carrying out conveyancing in Woodford Green themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the mortgage company directly.