My son-in-law is purchasing a house that has just been built in Bletchley with a home loan from Aldermore. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore 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 Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My bank has recommended solicitors on their panel based in Bletchley but I would rather use a conveyancing lawyer in Bletchley or nearer to where I live. Are you able to help?
The minority of Bletchley conveyancing firms are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to find a Bletchley conveyancing firm on the on the bank panel.
What is the difference between a licensed conveyancer and conveyancing solicitor in Bletchley
There are many registered licenced Conveyancers in Bletchley and Solicitor partnerships in Bletchley offering conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in the home buying process. Both can deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
How can we tell if a Bletchley conveyancing solicitor on the Bank of Ireland panel is any good?
When it comes to conveyancing in Bletchley obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer carrying out your conveyancing.
UBS have agreed my mortgage in principle, my bid on a house in Bletchley has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure the solicitors are on the lender’s approved list). Call up UBS or the financial adviser and finish off any relevant paperwork. UBS will instruct a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes about ten days to receive the mortgage offer. UBS will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Bletchley.
Due to the input of my in-laws I had a survey completed on a property in Bletchley ahead of retaining solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some banks tend not give a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bletchley. Conveyancing may be slightly more expensive based on your lender's requirements.
We're new on the property ladder - agreed a price, but the selling agent has warned us that the owners will only go ahead if we appoint their preferred conveyancers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor with experience of conveyancing in Bletchley
It is highly unlikely the owners are behind this. Should the seller desire ‘a quick sale', turning down a genuine purchaser is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you will continue to instruct your preferred Bletchley conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by senior management.
My step-father completed his conveyancing in Bletchley Six years ago. He has got married, widowed and has recently remarried. He now wishes to the sell the Bletchley property. I suspect that he will just be requested to provide a copy of the marriage certificates to the conveyancing practitioner however he is concerned it could delay the conveyancing. Is it worth updating the title information for the property?
You are not required to bring up to date the title for the property providing you have the evidence required to show how the change of name occurred.
Any purchaser’s solicitor should review the title details and require evidence by way of proof of the name change for example marriage documentation.