Our god-son is purchasing a house that has just been built in Shildon with a mortgage from Clydesdale. His solicitor 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 document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Clydesdale conveyancing panel as a standard part of the process, and to the surveyor when requested. 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 Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Shildon? or Apparently there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel within the church. Is this suitable for conveyancing in Shildon?
Unless a prior acquisition of the house took place post 12 October 2013 you could take it that solicitors handling conveyancing in Shildon to remain encouraging a chancel search and or insurance against a claim.
The deeds to my house can not be found. The solicitors who dealt with the conveyancing in Shildon 5 years ago no longer exist. What do I do?
Gone are the days when you need to hold title original deeds to evidence that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
The estate agent has sent us the confirmation of our purchase of a new build flat in Shildon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Shildon
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Hoping to buy a property located in Shildon and I am already nervous. I couldn't find anything specific about Shildon. Conveyancing will be needed in due course but do you know about the Shildon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Shildon. In the meantime here are some basic statistics that we found
How up-to-date is your database of lawyers on the bank conveyancing panel in Shildon? Do the lenders send you an updated list?
Shildon firms and firms carrying out conveyancing in Shildon themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the bank directly.