My nephew is buying a new build apartment in Hornchurch with a home loan from Clydesdale. His lawyer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document 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 Clydesdale 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 Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Me and my partner are purchasing a property in Hornchurch. It might be a silly question but how we can trust a conveyancer? At some point we will need to put funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am purchasing a property in Hornchurch. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Yorkshire BS be concerned?
Given that you are obtaining a mortgage with Yorkshire BS your lawyer must follow the conveyancing requirements outlined in Section two of UK Finance Lenders’ Handbook for Yorkshire BS. The CML Handbook includes minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Yorkshire BS where a lease fails to meet these requirements. The specifications relate to the installation of panels on properties nationwide and is not restricted to Hornchurch.
I am selling my flat. I had a double glazing fitted in April 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, TSB are being difficult. The Hornchurch solicitor who is on the TSB conveyancing panel is recommending indemnity insurance as a solution but TSB are requiring a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
The deeds to my home can not be found. The solicitors who did the conveyancing in Hornchurch 10 years ago no longer exist. What do I do?
These day there are duplicates made of almost everything, and your solicitor should know exactly where to look for all the appropriate documentation so you can buy or sell your house without a hitch. If copies are not available, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on the premises.
I decided to have a survey completed on a property in Hornchurch before retaining lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders may not issue a mortgage on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hornchurch. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Hornchurch cover?
Non domestic conveyancing in Hornchurch covers a broad array of services, supplied by regulated solicitors, relating to business premises. By way of example, this type 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 mortgages and the termination of tenancies.
I need to retain a conveyancing solicitor for remortgage conveyancing in Hornchurch. I've stumble across a web site which appears to be the ideal solution If there is a chance to get all the legals completed via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?