Our son is purchasing a house that has just been built in Bishop Auckland with a mortgage from RBS. His solicitor 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 engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the RBS 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 RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to locate a Conveyancing solicitor in Bishop Auckland even where I’m not buying or selling a house, for instance if I intend to acquire a shop in Bishop Auckland with a mortgage from Leeds Building Society?
Our comparison service is mainly used to help choose residential conveyancing solicitors in Bishop Auckland but we have listed at the end of this page some Bishop Auckland commercial conveyancing firms. You will need to make contact with the firm directly to establish if they can also act for Leeds Building Society
Do I need to take out insurance to cover chancel repairs when purchasing a property in Bishop Auckland?
Unless a previous purchase of the house took place after 12 October 2013 you can assume that solicitors carrying out conveyancing in Bishop Auckland to remain recommending a chancel search and or insurance against a claim.
I opted to have a survey completed on a property in Bishop Auckland in advance of retaining solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies tend not issue a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bishop Auckland. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bishop Auckland to see if the conveyancing costs will increase in light of this.
We're FTB’s - had an offer accepted, but the estate agent told us that the owners will only proceed if we appoint the agent's chosen solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a family conveyancer used to conveyancing in Bishop Auckland
We suspect that the owner is unaware of this requirement. Should the seller desire ‘a quick sale', alienating a serious purchaser is going to damage their objectives. Speak to the owners direct and make the point that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to use your own,trusted Bishop Auckland conveyancing firm - rather thanthe ones that will provide the negotiator at the agency a kickback or achieve conveyancing thresholds demanded by corporate headquarters.
I have recently realised that I have 72 years remaining on my flat in Bishop Auckland. I am keen to get lease extension but my freeholder is missing. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to prove that you have done all that could be expected to locate the lessor. On the whole a specialist should be useful to try and locate and prepare a report which can be used as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor both on proving the landlord’s absence and the vesting order request to the County Court covering Bishop Auckland.
Bishop Auckland Leasehold Conveyancing - A selection of Questions you should ask Prior to buying
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Who is in charge of the block? How many of the leaseholders are in arrears for their service charge payments? Are there any major works in the near future that could increase the service costs?