My son-in-law is about to exchange on a new build apartment in Corfe Mullen with a mortgage from RBS. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 RBS conveyancing panel as a standard part of the process, and to the valuer 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.
It has been four months following my purchase conveyancing in Corfe Mullen completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 premises 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.
Due to the input of my in-laws I had a survey completed on a house in Corfe Mullen in advance of appointing conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some mortgage companies will refuse to issue a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Corfe Mullen. Conveyancing will be smoother if you use a solicitor in Corfe Mullen especially if they regularly deal with such properties in Corfe Mullen.
I'm converting the mortgage on my primary house to a BTL mortgage with TSB and I will use the rest of the raised equity as a down payment on further property. The location we are looking at is Corfe Mullen. Will your conveyancers be able to act for both sets of mortgage companies and link together the two deals?
Do use our comparison tool on this page to be sure that the lawyers are approved by both lenders. On the basis that they are the conveyancer will be able to simultaneously deal with the two conveyancing matters but you should talk with you solicitor and specify your expectations and requirements.
We are four weeks into a freehold purchase having been recommend to conveyancers by the estate agent to do our conveyancing in Corfe Mullen. I am not happy. Can you you assist me in finding new lawyers?
A lawyer would have to be very bad to suggest changing them. Has your mortgage offer been sent? In the event that it has you must inform them of the replacement lawyer and get the mortgage documents are re-issued. The conveyancer should be on the mortgage company approved list to avoid added charges and delays. That should be your first question of the new lawyers. Our search tool can assist you in finding a lender approved conveyancer for your conveyancing in Corfe Mullen
I am buying a maisonette with all finances in place. My solicitor has been supplied with with 2 separate forms of photo identification, bank statement, endless utility bills. Now he needs a copy from a probate lawyer advising that the money is in place and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any Corfe Mullen conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Establishing of your source of funds is required under Money Laundering laws.