My son-in-law is about to exchange on a new build apartment in Bellingham with a mortgage from UBS. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 UBS 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 UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Finally the sale completed on my house in Bellingham last June but my buyer keeps texting daily to moan that her solicitor needs to hear from mine. What should have happened now that I have sold?
After completion of your house sale your lawyer is duty bound to forward the transfer deeds and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer must also evidence that the mortgage has been discharged to the purchasers lawyers. There is unlikely to be post completion formalities peculiar conveyancing in Bellingham.
We are due to move property in November. Will my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Bellingham. Conveyancing solicitor was found prior to coming across this site.
On the day of completion you will need to pick up the keys from your selling agent however this should only happen once the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be handed over. Subsequently you will need to tell the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can help you choose a residential property solicitor in Bellingham or a firm with expertise in conveyancing in Bellingham.
We have agreed to purchase a house in Bellingham. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
Given that your lender is HSBC your lawyer must comply with the conveyancing instructions set out in Part 2 of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease does not meet these specifications. The provisions relate to the installation of panels on properties nationwide and is not isolated to Bellingham.
Our sealed bid on a detached house in Bellingham has been agreed to, but there is a chain. The owners have put an offer on somewhere, but it’s not yet tied up, and have viewings of other flats booked. I have instructed a high street conveyancing solicitor in Bellingham. What should be my next step? When do I get the mortgage application with Virgin Money going?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx one thousand pounds, then survey, Bellingham conveyancing search costs, etc). First, you should check that your property lawyer is on the Virgin Money approved list. Concerning the subsequent stages this very much dictated by the uniqueness of your case, motivation for this property and on the state of the market. In a hot market the majority of buyers would apply for the mortgage with Virgin Money and pay for the valuation and only if it comes back ok would they pay their lawyer to proceed with searches.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who handled the conveyancing in Bellingham 5 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to hold title deeds to prove you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
Due to the input of my in-laws I had a survey completed on a property in Bellingham ahead of retaining solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks may refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bellingham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bellingham to see if the conveyancing will be more expensive.
Given that I will soon spend 450k on a property in Bellingham I would like to talk to a conveyancer about myhome move ahead of instructing the firm. Is this something that you can arrange?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Bellingham.There is no ‘factory style conveyancing’ - each client is unique individual, not a case number. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in Bellingham should be the figure that you are charged.