Our god-son is purchasing a house that has just been built in Wincanton with a mortgage from Santander. His lawyer has said that there is a delay in receiving 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 transaction. Therefore, it will be provided to your son’s lawyer who should be on the Santander 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 Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It is a dozen years since I purchased my house in Wincanton. Conveyancing lawyers have now been retained on the sale but I am unable to find my title deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by your mortgage company or they could be in the possession of the solicitor who handled the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Wincanton involves registered property but in the rare situation where your home is not registered it is more problematic but is resolvable.
My friend suggested that where I am purchasing in Wincanton I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Wincanton conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Wincanton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Wincanton Education with maps and statistics, Local Amenities and other useful data about Wincanton.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Wincanton is where the house is located. Is there any advice you can impart?
Flying freeholds in Wincanton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wincanton you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wincanton may ascertain 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 residence.
As co-executor for the will of my grandfather I am disposing of a residence in Newport but reside in Wincanton. My lawyer (approximately 200 miles awayrequires that I execute a stat dec prior to completion. Can you recommend a conveyancing solicitor in Wincanton to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Wincanton
Our conveyancing in Wincanton completes next Friday, yet the couple I am purchasing from has asked to move out on the Saturday afternoon. Should I agree to such a plan?
It is not possible to complete on a Saturday due to the bank systems are not operating.