My son-in-law is buying a new build apartment in Baldock with a mortgage from TSB. His conveyancer has said that there is a delay in receiving 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 engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the surveyor 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 TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I opted to have a survey carried out on a property in Baldock before instructing lawyers. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies may refuse to give a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Baldock. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to switch conveyancer as I need to retain a firm on the Clydesdale conveyancing panel. I had appointed a local conveyancing solicitor in Baldock round the corner but he is not accepted by Clydesdale
It would be our pleasure to assist you find a conveyancing solicitor in Baldock on the Clydesdale panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Baldock. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Baldock.
We are 17 days into a residential purchase having been directed to a firm by the local agent to perform conveyancing in Baldock. I am not happy. Could you help me find new solicitors?
They would need to be very bad to suggest diss instructing them. Has the mortgage offer been sent? If so you need to inform them of the replacement solicitor and ensure the offer are issued to the new lawyers. The conveyancer should be on the lenders panel to avoid escalating costs and complications. So that should be your first question of the new lawyers. The search tool will assist you in finding a bank approved solicitor for your home move in Baldock
What advice can you give us when it comes to finding a Baldock conveyancing practice to deal with our lease extension?
When appointing a solicitor for your lease extension (regardless if they are a Baldock conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Baldock conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
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If they are not ALEP accredited then what is the reason?
Baldock Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
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How much is the annual service fee and ground rent? Who are the managing agents? What is the length of the lease?
My offer on house in Baldock has been agreed to, but there is a chain. The current proprietors have submitted an offer on somewhere, although it’s not yet tied up, and has viewings of other flats booked. I have selected a local conveyancing lawyer in Baldock. What should be my next step? When do I get the mortgage application with Santander started with Santander?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx one thousand pounds, then valuation, Baldock conveyancing search fees, etc). The first thing to do is check that your solicitor is on the Santander conveyancing panel. As to the subsequent steps this very much dictated by the specifics of your case, desire for the property and on the state of the market. During a rising market many home buyers will apply for a home loan with Santander and arrange for the survey and only if it was satisfactory would they ask their property lawyer to move forward with the conveyancing in Baldock.