Our son-in-law is buying a house that has just been built in Bulls Cross with a home loan from Kent Reliance. His conveyancer has advised him of a delay in receiving 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 Kent Reliance 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 Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Are the BSA planning on creating a searchable register to list firms on the Coventry BS conveyancing panel for example in Bulls Cross?
We have not been informed any plans on the part of the BSA to develop such a tool.
Me and my brother have a semi-detached Victorian property in Bulls Cross. Conveyancing practitioner acted for me and Barclays Direct. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for 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 Bulls Cross and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who carried out the work.
I am buying a new build apartment in Bulls Cross. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Bulls Cross
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Please confirm the Lease plans are surveyor prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Should I choose a Bulls Cross conveyancing lawyer based in the area that I am hoping to buy? We have a good friend who can handle the conveyancing however they are based approximately 350kilometers away.
The benefit of a high street Bulls Cross conveyancing firm is that you can visit the firm to sign documents, deliver your identification documents and pester them where appropriate. Having local Bulls Cross know how is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and in the main were happy that must trump using an unfamiliar Bulls Cross conveyancing lawyer just because they are local.
I have been informed by various estate agents that it can take up to two months for Bulls Cross conveyancing to complete.This was a month ago. The draft contract was only forwarded to my conveyancer last week so now does it countdown?
Don't bank on moving on a certain date until exchange of contracts occurs. Whatever promises the people you are purchasing from or selling to make, or your mortgage broker gives don't count on them. More frustration is caused to home movers by false promises than anything else.