My nephew is in the process of securing a newly built flat in Sandwich with a home loan from Aldermore. 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 transaction. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore 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 Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to recommend a Conveyancing solicitor in Sandwich even if I’m not buying or disposing of a house, for instance where I want to buy an office in Sandwich with a mortgage from Godiva Mortgages Ltd?
Our search tool is predominantly utilised to help choose residential conveyancing solicitors in Sandwich but we have set out towards the end of this page a selection of Sandwich commercial conveyancing firms. You should speak with the company directly to establish if they can also act for Godiva Mortgages Ltd
We're in Sandwich, First timers purchasing with a mortgage (lender is Leeds Building Society , and our lawyer is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Will our solicitor be asking questions concerning flooding during the conveyancing in Sandwich.
The risk of flooding is if increasing concern for solicitors specialising in conveyancing in Sandwich. Some people will purchase a property in Sandwich, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Solicitors are not qualified to give advice on flood risk, however there are a various searches that can be undertaken by the buyer or on a buyer’s behalf which should figure out the risks in Sandwich. The standard completed inquiry forms supplied to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a usual question of the seller to find out whether the premises has suffered from flooding. In the event that the premises has been flooded in past which is not revealed by the vendor, then a purchaser could bring a compensation claim stemming from an inaccurate reply. A purchaser’s lawyers may also order an environmental report. This should reveal whether there is a recorded flood risk. If so, further inquiries should be carried out.
I'm converting the mortgage on my existing house to a BTL mortgage with Platform Home Loans Ltd and intend to use the remaining equity towards another house. The area we are looking at is Sandwich. Will your conveyancers be able to act for the two lenders and tie in the conveyances?
Do use our search tool on this site to be sure that the conveyancers are on the appropriate lender panels. Assuming that they are your solicitor will be able to tie up the two deals but you should talk with you lawyer and make clear your desired outcome and requirements.
How do I discover who is the owner of a house in Sandwich?
Assuming that the premises is recorded at HM Land Registry, and you have requisite specifics of the location of the property, you should be able to see details from the the Land Registry of the recorded proprietor for a fee.