Our son is in the process of securing a newly built flat in Aylestone with a mortgage from Virgin Money. 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 form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Virgin Money conveyancing panel as a standard part of the process, and to the valuer 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 Virgin Money conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am purchasing a right to buy a flat in Aylestone. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Aylestone you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Aylestone.
I know that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a house in Aylestone? or I am told that there is an ancient law that could mean that homeowners living in a parish church boundary may be liable to pay for repairs to the chancel within the church. Is this relevant for conveyancing in Aylestone?
Unless a previous purchase of the house took place post 12 October 2013 you may expect solicitors carrying out conveyancing in Aylestone to remain recommending a chancel search and or insurance against a claim.
Me and my brother purchased a semi-detached Georgian house in Aylestone. Conveyancing practitioner represented me and Barclays . I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching property. Is it worth asking Barclays to clarify?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aylestone and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing lawyer who conducted the work.
I'm remortgaging my current property to a BTL mortgage with Birmingham Midshires and I will use the rest of the raised equity as a down payment on further property. The location we are talking about is Aylestone. Will your lawyers be able to act for the two banks and link together the two deals?
Do use our search tool on this page to check that the solicitors are approved by both banks. Assuming that they are your solicitor should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and requirements.
In my capacity as executor for the will of my aunt I am selling a residence in Cardiff but reside in Aylestone. My conveyancer (approximately 200 kilometers from mehas requested that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Aylestone to attest this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are based in Aylestone