Our grandson is buying a newly built flat in Baildon with a mortgage from TSB. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
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 TSB 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 TSB 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 is a decade since I acquired my house in Baildon. Conveyancing solicitors have recently been appointed on the sale but I am unable to find the title documents. Is this a problem?
You need not be too concerned. Firstly the deeds may be with your mortgage company or they could be in the possession of the lawyers who oversaw the purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Baildon involves registered property but in the unlikely event that your property is unregistered it is more of a problem but is not insurmountable.
I happen to be the only recipient of my late mum's estate and I have everything in my name alone, including the house in Baildon. The Baildon property was put into my name in October. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the property in October. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How sensible a view banks take of it, depend on the lender as this requirement is principally there to capture subsales or the wholesaling and assigning of property.
Can I be sure that the Baildon conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Baildon seeking recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor conducting your conveyancing.
My husband and I have arranged a further advance on our home loan from Yorkshire BS as we intend to conduct a loft conversion to our home in Baildon. Are we obliged to choose a bricks and mortar Baildon solicitor on the Yorkshire BS conveyancing panel to deal with the legals?
Yorkshire BS do not ordinarily require a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
We are buying a house and the lawyer has mentioned Chancel Repair to which the house could be liable as it falls into the area of such a church. She has recommended insurance. Is this strictly required for conveyancing in Baildon
Unless a prior purchase of the house took place post 12 October 2013 you could assume that lawyers conducting conveyancing in Baildon to continue to suggest a chancel search and or chancel repair liability insurance.
I am downsizing from my property. My past solicitors closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Baildon if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Baildon. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Is it true that a Baildon conveyancing solicitor has court proceedings brought against them by clients for failing to conduct the appropriate conveyancing investigations?
Our attention has not be brought to such a Baildon conveyancing claim but it has been reported that, clients buying a property in Cumbria successfully sued their solicitor as a consequence of development permission to erect a wind farm failing to be identified in conveyancing searches.
If you are contemplating buying a home in Baildon It is critical that your lawyer carry out all Baildon conveyancing searches required to ensure you have accurate and up to date information before buying a home in Baildon.