Our nephew is about to exchange on a newly built flat in Stockton Heath with a home loan from TSB. His solicitor has advised him of 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 engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB 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 TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We wanted to use a conveyancing solicitor in Stockton Heath for our house purchase. Our financial adviser informed us that our mortgage lenders Barclays won't deal with them. Why is this not regarded as unfair competition?
A lender may direct that a panel solicitor act for it. You would be liable to bear the cost of this. Try using our directory service to select a solicitor to conduct conveyancing in Stockton Heath on the Barclays approved list of solicitors.
I am aiming to move home in November. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you put forward a removal company in Stockton Heath. Conveyancing lawyer was chosen prior to coming across your site.
On the day of completion you can pick up the house keys from the property agent but this can only occur when the sellers lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you can advise the removal company that they can start moving you in. We are not in a position to suggest a particular removal company but can assist you in locating a conveyancing in Stockton Heath or a legal practice with expertise in conveyancing in Stockton Heath.
I am purchasing a property in Stockton Heath. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Bank of Ireland be concerned?
As your lender is Bank of Ireland your lawyer must follow the formal instructions outlined in Part two of UK Finance Lenders’ Handbook for Bank of Ireland. The Council of Mortgage Lenders’ Handbook stipulates minimum provisions for solar panel roof-space leases, and lawyers are required to report to Bank of Ireland where a lease does not meet these specifications. The provisions relate to the installation of panels on properties nationwide and is not restricted to Stockton Heath.
I recently had an offer accepted on a house in Stockton Heath. My mortgage broker suggested a solicitor. I paid an advanced payment of £175. Not long after, the solicitor contacted me sheepishly admitting that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
What can a local search inform me concerning the property I am buying in Stockton Heath?
Stockton Heath conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search is essential in every Stockton Heath conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
I opted to have a survey carried out on a house in Stockton Heath before retaining lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks will not issue a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stockton Heath. Conveyancing will be smoother if you use a solicitor in Stockton Heath especially if they regularly deal with such properties in Stockton Heath.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Stockton Heath and how can your lawyers assist?
The 1954 Act provides security of tenure to business lessees, giving them the dueness to apply to court for a renewal tenancy and remain in occupation when the lease comes to an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Stockton Heath is one of the numerous areas of the UK in which our lawyers are based