I am purchasing a leasehold flat in Corby. My Conveyancer has never been on on the lender approved list. Is it possible for me to retain my Corby conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?
You have numerous alternatives available to you here
- Proceed with your chosen Corby solicitor but your mortgage company will no doubt instruct a conveyancer from their conveyancing panel. This will result in additional cost and likely interruption.
- Get a fresh lawyer to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your lawyer to apply to join the bank panel
My nephew is in the process of securing a newly built flat in Corby with a mortgage from Clydesdale. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document 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 Clydesdale 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 Clydesdale 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 the registered owner of a freehold premises in Corby but still charged rent, why is this and what is this?
It’s unusual for properties in Corby and has limited impact for conveyancing in Corby but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
Is it possible to swap conveyancer as I need to retain a firm on the HSBC Bank conveyancing list. I was using a local conveyancing solicitor in Corby five minutes from me but she is not approved by HSBC Bank
It would be our pleasure to assist you find a conveyancing solicitor in Corby on the HSBC Bank panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Corby. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Corby.
As co-executor for the estate of my uncle I am selling a property in Swansea but reside in Corby. My lawyer (who is 235 miles from mehas requested that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing solicitor in Corby who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Corby based
To what extent are Corby conveyancing solicitors under an obligation to the Law Society to issue clear conveyancing costs?
Contained within the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Corby or further afield.