My son is in the process of securing a new build apartment in Bellingham with a home loan from RBS. 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 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 RBS 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 RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We're in Bellingham, First timers purchasing with a mortgage (lender is UBS , and our lawyer is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My wife and I purchasing a terrace house in Bellingham. The intention is to carry out an extension to the side at the property.Will legal work on the property include checks to see if these works are allowed?
Your property lawyer should check the deeds as conveyancing in Bellingham can occasionally reveal restrictions in the title deeds which prohibit categories of works or necessitated the permission of another owner. Some works need local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I am being advised by my solicitor that defective lease insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Bellingham?
The right level of defective lease indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Chelsea Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
I recently had an offer accepted on a house in Bellingham. My mortgage broker suggested a conveyancer. I paid an advanced payment of £150. Not long after, the solicitor called me to say that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
We are close to exchanging contracts on the sale of our home in Bellingham and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Bellingham lawyer would know this is not the case. It does beg the question why the purchasers used an online conveyancing practice as opposed to a conveyancing solicitor in Bellingham. We have lived in Bellingham for 4 years we know that this is a non issue. Should we contact our local Authority to seek clarification need.
It would appear that you have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
What tools are available to identify a Bellingham solicitor on the The Mortgage Works conveyancing panel? I am a keen cyclist and am happy to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the tool on this page. Please pick a mortgage company and your location and you will see a number of Bellingham conveyancing lawyers located nearest you. We have detailed some Bellingham conveyancing firms at the bottom of this page and you can call them to check whether they are on the The Mortgage Works approved list
I am using a search engine for the words cheap conveyancing in Bellingham it brings up many solicitorsin the area. How do I determine which is the right conveyancing solicitor for the sale of my house?
The best method of choosing a suitable conveyancer is through a trusted testimonial, so ask colleagues and those you trust who have bought a property in Bellingham or the reputable estate agent or financial adviser. Costs for conveyancing in Bellingham differ, so it's sensible to request a minimum of three quotes from different solicitors. Be sure to secure confirmation what costs in the quote includes.