Our nephew is in the process of securing a house that has just been built in Windermere with a home loan from Skipton. His lawyer has said that there is 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 Skipton 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 Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I purchased a 4 bedroom Georgian house in Windermere. Conveyancing lawyer acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Windermere and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing lawyer who conducted the work.
I decided to have a survey completed on a property in Windermere before retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Windermere. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Windermere to see if the conveyancing will be more expensive.
Hoping to buy a property located in Windermere and I am already nervous. I couldn't find anything specific about Windermere. Conveyancing will be needed in due course but do you know about the Windermere area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Windermere. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing solicitor for sale conveyancing in Windermere. I have land on a web site which appears to be the perfect answer If there is a chance to get all formalities completed via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am due to review costs for conveyancing in Windermere from three lawyer and choose one. Should I get them to sit tight until I a suitable house to buy.
We suggest that you wait to ask your property lawyer to start work and order searches once the sales confirmation has been sent by the estate agent especially as Windermere conveyancing searches are costly.