Our son-in-law is in the process of securing a new build apartment in Colchester with a mortgage from Principality. 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 form 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 Principality 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 Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am helping my step-mother sell her property in Colchester. Will the conveyancing solicitor order the EPC or should I organise this?
Following the abolition of Home Packs, EPC’s became a compulsory element of selling a house. An energy performance certificate must be to hand in advance of the property being advertised. This is not something that lawyers normally arrange. If you are using a Colchester conveyancing solicitor they might help arrange energy assessments given their relationships with reputable local energy assessors
We are aiming to move house in December. Does my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you suggest a removal company in Colchester. Conveyancing solicitor was chosen prior to coming across your site.
On the afternoon of completion you will need to pick up the house keys from the estate agent however this can only take place when the sellers lawyers advise the agent that they have the completion monies and the keys can be collected. You should inform the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can assist you in finding a residential property solicitor in Colchester or a solicitor that specialises in conveyancing in Colchester.
We expect to receive a AIP from Skipton this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Skipton recommend any Colchester solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Colchester solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who dealt with the conveyancing in Colchester 4 years ago are no longer around. What are my next steps?
Gone are the days when you need to have the physical deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
I am buying my first flat in Colchester with a mortgage from Barclays Direct. The builders would not move on the price so I negotiated five thousand pounds worth of extras instead. The property agent advised me not disclose to my conveyancer about the side-deal as it may impact my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How can the Landlord & Tenant Act 1954 affect my commercial premises in Colchester and how can your lawyers assist?
The 1954 Act affords a safeguard to business tenants, giving them the right to make a request to court for a renewal lease and remain in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Colchester
I note that you have a search directory identifying solicitors on the lender conveyancing panel. Do Colchester conveyancing firms pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Colchester.