My son-in-law is purchasing a new build apartment in Chiswick with a mortgage from Co-operative. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 Co-operative 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 Co-operative conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I have recently appointed a conveyancing solicitor in Chiswick. I I am struggling to find out if they are on the TSB conveyancing panel. Can you help?
You should phone your solicitor and ask them whether they are on the lender panel. Otherwise you can get in touch with TSB who may be able to confirm.
four months have gone by since my purchase conveyancing in Chiswick completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Chiswick differ for newly converted properties?
Most buyers of new build premises in Chiswick come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in Chiswick tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chiswick or who has acted in the same development.
Am I better off to choose a Chiswick conveyancing lawyer based in the area that I am buying? I have an old university friend who can deal with the legal formalities but his firm is located 400miles drive away.
The primary upside of using a local Chiswick conveyancing practice is that you can drop in to sign paperwork, deliver your identification documents and pester them if necessary. Having local Chiswick know how is a bonus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and they were impressed that should outweigh using an unfamiliar Chiswick conveyancing solicitor just because they are Chiswick based.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.