Our grandson is purchasing a house that has just been built in Maidstone with a mortgage from UBS. His lawyer has advised him of a delay in receiving 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 transaction. Therefore, it will be provided to your son’s lawyer who should be on the UBS conveyancing panel as a standard part of the process, and to the surveyor when asked. 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 UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We see that you have a search directory identifying firms on the Leeds Building Society conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Maidstone?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Maidstone.
We are planning to buy with Melton Mowbray Building Society. I visited a couple of local practices yet am unable to find a Maidstone conveyancing firm on the Melton Mowbray Building Society panel. Could you assist?
Please do take advantage of the find a lender approved solicitor tool on this site. Pick the building society and type Maidstone or your preferred area and you will be presented with a number of lawyer located in Maidstone or near you.
We are due to move home in February. Will my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you recommend a removal company in Maidstone. Conveyancing solicitor was organised prior to coming across this site.
On the afternoon of completion you will need to pick up the house keys from the property agent but this should only happen after the vendors conveyancers inform the agent that they have the completion monies and the keys can be given over. You will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can help you find a conveyancing in Maidstone or a legal practice that specialises in conveyancing in Maidstone.
Is there a list of Yorkshire BS panel conveyancers in Maidstone on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few banks make their panel listings viewable online. Where you are seeking to appoint a Maidstone conveyancer on the Yorkshire BS please use our facility.
Two weeks ago we had a mortgage agreed in principle with Nottingham. Maidstone conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Nottingham?
There is no definitive answer here. Have Nottingham done the valuation? Have you advised Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
A friend recommended that where I am purchasing in Maidstone I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Maidstone conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Maidstone around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Maidstone Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Maidstone Education with maps and statistics, Local Amenities and other useful data regarding Maidstone.
Just had an offer accepted on a new build flat in Maidstone. Conveyancing is a frightening process 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 few leasehold new build questions that you may expect your new-build leasehold conveyancing in Maidstone
-
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?