Our nephew is about to exchange on a new build apartment in St Mary Cray with a mortgage from Principality. His solicitor has said that there is 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 purchase. Therefore, it will be provided to your son’s lawyer who should be on the Principality 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 Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Completed the sale of my flat in St Mary Cray last March but our buyer keeps texting me complaining that his solicitor needs to hear from mine. What are the post completion sale legalities following completion?
After completion of your sale your lawyer should send the transfer documentation and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in St Mary Cray.
I am buying a property and the conveyancer has raised the issue of Chancel Repair for which the property could be obligated to pay because it falls into the area of such a church. She has recommended insurance. Is this really required for conveyancing in St Mary Cray
Unless a previous acquisition of the premises completed after 12 October 2013 you can assume that lawyers carrying out conveyancing in St Mary Cray to remain encouraging a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly identified as part of conveyancing in St Mary Cray?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in St Mary Cray. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How do I identify a St Mary Cray law firm on the Aldermore conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the tool on this page. Please pick a bank and your location and you will see a number of St Mary Cray conveyancing lawyers locally. We have listed some St Mary Cray conveyancing firms at the bottom of this page and you can contact them to verify whether they are on the Aldermore approved list
My wife and I are buying a studio flat in St Mary Cray. At the point of instructing our solicitor, they said that they were on all mainstream lender panels. Our mortgage broker called yesterday to advise that they don't appear to be on the RBS approved list. Were it to be true, what should we do? Should we simply pick a different lawyer that is on their panel or should we pay for separate representation, with RBS appointing their own approved lawyer.
When acquiring a property with mortgage finance it is usual for the purchaser’s lawyers to also act for the mortgage company. In order to act for a bank or building society a conveyancer has to be on that lender's list of approved lawyers. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancer has to satisfy. Some mortgage companies now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancing practitioner should contact RBS to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on RBS's conveyancing panel and you may continue to use your own St Mary Cray solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.