My grandson is about to exchange on a new build apartment in Stockbridge Village with a home loan from HSBC. His solicitor 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 engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC conveyancing panel as a standard part of the process, and to the surveyor 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 HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We just had an offer accepted to buy with Darlington Building Society. I went into a few high street companies yet am struggling to find a Stockbridge Village conveyancing firm on the Darlington Building Society panel. Please you help?
You should make the most of the find a conveyancing panel solicitor tool on this site. Please choose the lender and type Stockbridge Village or your preferred area and you will be presented with numerous conveyancers located in Stockbridge Village or near you.
What is your number one tip for finding a conveyancing solicitor in Stockbridge Village
We would encourage you not to base your choice on the cheapest Stockbridge Village conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
I am currently in the process of buying my council flat in Stockbridge Village. I have a mortgage offer with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
At last I have had an offer on an apartment in Stockbridge Village accepted, but there is a chain. The vendors have put an offer on somewhere, however it’s not yet agreed to, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Stockbridge Village. What do I do now? At what point do I apply for the mortgage with Principality?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of £1k, then valuation, Stockbridge Village conveyancing search charges, etc). The first course of action is to check that your conveyancer is on the Principality conveyancing panel. As to the next steps this very much depends on the specifics of your case, attraction to the property and on the state of the market. During a rising market many buyers would apply for the mortgage with Principality and pay for the valuation and only if it comes back ok would they request their solicitor to proceed with searches.
We are buying a property and the solicitor has identified Chancel Repair to which the property could be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly appropriate for conveyancing in Stockbridge Village
Unless a previous purchase of the house took place post 12 October 2013 you can expect solicitors carrying out conveyancing in Stockbridge Village to continue to propose a a chancel search and or chancel repair liability insurance.
I have been on the look out for a ground for flat up to £235,500 and found one near me in Stockbridge Village I like with amenity areas and station nearby, however it's only got 52 years on the lease. There is not much else in Stockbridge Village suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term may be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Whilst your website is a good idea there are many lawyers listed near Stockbridge Village being on the bank conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our bank?
We are not in the business of recommending one firm above another as the right Stockbridge Village conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Stockbridge Village knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..