My nephew is buying a house that has just been built in Dorchester with a mortgage from Clydesdale. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
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 Clydesdale 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 Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It is is a decade since I purchased my house in Dorchester. Conveyancing lawyers have now been instructed on the sale but I can't find my title documents. Will this cause complications?
Don’t worry too much. First the deeds may be retained by your mortgage company or they may still be with the lawyers who acted in the purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Most conveyancing in Dorchester relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is not insurmountable.
I have been recommended a conveyancing solicitor in Dorchester. I I am struggling to find out if they are accepted on the Bank of Scotland approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is phone the conveyancer and enquire if they are on the lender panel. Alternatively you should get in touch with Bank of Scotland who may be able to help.
Just had an offer accepted on a new build flat in Dorchester. 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 conveyancing.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Dorchester
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Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
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At this site obtain an accurate quote via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Dorchester. Unlike many estate agents and many comparison sites we do not have commission deals with solicitors. Many agents and online brokers 'recommend' the firm that pays the highest kickback, not the best value conveyancing in Dorchester
My wife and I purchased a leasehold house in Dorchester. Conveyancing and Platform Home Loans Ltd mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Dorchester who acted for me is not around. Do I pay?
First contact HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Dorchester conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Dorchester Leasehold Conveyancing - A selection of Queries Prior to Purchasing
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Who is in charge of the block? This question is important as a) areas may cause problems for the building as the common areas may begin to deteriorate if services remain unpaid b) if the tenants have an issue with the running of the building you will need to have all the details It is important to be aware whether fixing the lift or some other significant cost is coming up that will be shared by the tenants and will dramatically impact the level of the service fees or require a one off payment.