We hired a high street solicitor for our conveyancing in Enfield Highway yesterday. After carefully reading the Terms and Conditions it is apparent thatI am responsible for charges even if the sale aborts. Would I be best advised to choose an internet conveyancing company promoting no completion no cost conveyancing in Enfield Highway?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the conveyancing charges will tend to be be more expensive to cover those transactions that do not go ahead. Do bear in mind that these arrangements generally do not cover expenditure e.g. Enfield Highway conveyancing search expenses.
Our grandson is about to exchange on a new build apartment in Enfield Highway with a home loan from HSBC. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the valuer 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 HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It has been four months following my purchase conveyancing in Enfield Highway took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one close by in Enfield Highway I like with amenity areas and railway links in the vicinity, however it only has 51 remaining years left on the lease. There is not much else in Enfield Highway for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
Hoping to buy a property located in Enfield Highway and I am already nervous. I couldn't find anything specific about Enfield Highway. Conveyancing will be needed in due course but do you know about the Enfield Highway area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Enfield Highway. In the meantime here are some basic statistics that we found