My god-son is in the process of securing a newly built flat in Bexley with a home loan from Nationwide. His conveyancer has said that there is a delay in receiving 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 Nationwide 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 Nationwide conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
As someone not used to conveyancing in Bexley what is your top tip you can give me for the house moving process in Bexley
Not many law firms shout this from the rooftops but conveyancing in Bexley or throughout England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there exists lots of opportunity for confrontation between you and others involved in the legal transfer of property. For example, the seller, estate agent and on occasion the bank. Appointing a law firm for your conveyancing in Bexley should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose role it is to act in your legal interests and to protect you.
There is a definite ongoing adversarial element to conveyancing- someone has to be blamed for the process being so protracted. We recommend that you your first instinct should be to trust your lawyer ahead of the other players when it comes to the legal assignment of property.
A relative advised me that in purchasing a property in Bexley there may be various restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of a number of properties in Bexley which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Bexley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We had selected solicitors based in Bexley on the Co-operative solicitor approved list. They have just invoiced me a supplemental fee for dealing with the Co-operative mortgage. Is this a supplemental conveyancing fee specified by Co-operative?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your lawyer can charge a fee for this. This fee is not set by Co-operative but by your Bexley property lawyer. Plenty of firms on the Co-operative panel will charge an ‘acting for lender’ fee and others do not.
Completion of my remortgage has taken place for my property in Bexley. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I am planning on selling our home in Bexley and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Bexley. Having lived in Bexley for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should check with 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 does commercial conveyancing in Bexley cover?
Commercial conveyancing in Bexley covers a broad range of guidance, offered by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Am I better off to go with a Bexley conveyancing solicitor in close proximity to the house I am hoping to buy? I have an old university friend who can conduct the legal formalities however they are based 400miles drive away.
The benefit of a local Bexley conveyancing practice is that you can attend the office to execute paperwork, deliver your identification documents and pester them if necessary. They will also have local insight which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and they were happy that must surpass using an unfamiliar Bexley conveyancing lawyer just because they are Bexley based.