My son-in-law is in the process of securing a new build apartment in Maxton with a home loan from Co-operative. His solicitor has said that there is 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 Co-operative 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 Co-operative conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We note that you have a post code search directory listing solicitors on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Maxton?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Maxton.
We are downsizing from our home in Maxton and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A high street Maxton lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a nationwide conveyancing practice rather than a conveyancing solicitor in Maxton. We have lived in Maxton for three years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must check with 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 life insurance to cover that same illness)
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Maxton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Maxton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Maxton you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maxton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to appoint a conveyancing solicitor for sale conveyancing in Maxton. I happened to discover a web site which appears to be the ideal answer If it is possible to get all the legals done via web 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?
Some months ago I was advised by my lender that their approved lawyers work on no completion no charge basis for conveyancing in Maxton. My purchase aborted nevertheless the solicitors want search fees! They say the fees are independent!
in offering "no move no fee" Maxton conveyancing firms are writing off their charges for any work conducted. We should point out that this is not to be regarded as an insurance scheme. you will still required to pay for any disbursements that the conveyancing practitioner has expended for you for example Maxton local authority checks