My son is buying a house that has just been built in Brent Park with a home loan from RBS. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document 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 RBS 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 RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do all mortgage companies provide you with an approved list of Brent Park conveyancing solicitors? How do you know who is on the TSB conveyancing panel?
Brent Park conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
We just had an offer accepted to purchase with Coventry BS. I popped in a few local companies yet am struggling to find a Brent Park conveyancing firm on the Coventry BS approved list. Could you help?
Feel free to take advantage of the search tool on this page. Pick the lender and type Brent Park or your location and you will discover a number of lawyer offices in Brent Park or nearest you.
I was advised by numerous estate agents in Brent Park to choose a conveyancer using your seach tool. Is there a financial upside for Estate Agents to market your lawyers over and above alternative conveyancing organisations?
We refuse to make any commission for directing people our way. We thought it would be too underhand to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to retain a conveyancing solicitor for remortgage conveyancing in Brent Park. I have land on a site which appears to be the ideal solution If there is a chance to get all formalities completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
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?
Threeweeks into purchasing a residence in Brent Park. Conveyancing lawyer has called to say the title is "Leasehold". Should this impact our mortgage valuation?
Brent Park conveyancing does not normally involve leasehold houses. The key factor here is the unexpired lease term and the ground rent. If it's 999 years with a peppercorn rent, it's essentially freehold, so it’s unlikely to impact the value too much.
At the other end of the spectrum, if it's, say, fifty five years it is bound to have a material impact on the saleability, and most likely wouldn't be acceptable to the bank. The length of lease and ground rent will be stated in the lease to be supplied to your solicitor.