My grandson is purchasing a newly built flat in Clacton On Sea with a mortgage from Santander. His conveyancer 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Santander conveyancing panel as a standard part of the process, and to the valuer 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 Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am selling our home in Clacton On Sea and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers are using a national conveyancing practice rather than a conveyancing solicitor in Clacton On Sea. We have lived in Clacton On Sea for three years we know that this is a non issue. Should we contact our local Authority to get clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You need to 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 health insurance to cover that same illness)
Just had an offer accepted on a new build apartment in Clacton On Sea. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Clacton On Sea
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There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking for a flat up to £235,500 and identified one close by in Clacton On Sea I like with a park and station nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Clacton On Sea for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a home loan that many years will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
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My husband and I are one month into a freehold purchase having been directed to conveyancers by the high street agent to handle our conveyancing in Clacton On Sea. I am not happy. Can you you assist me in finding new solicitors?
They would need to be really poor to suggest replacing them. Has the mortgage been sent? If so you will need to advise them of the new contact details and have the loan are issued to the new lawyers. Your solicitor ideally should be on the mortgage company approved list to avoid escalating expenses and complications. So that should be your starting point. Our search tool should help you find a bank approved lawyer for your home move in Clacton On Sea