My nephew is in the process of securing a newly built flat in Dorchester with a mortgage from Leeds Building Society. His conveyancer has said that there is 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 purchase. Therefore, it will be provided to your son’s lawyer who should be on the Leeds Building Society 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 Leeds Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We're in Dorchester, FTBs purchasing with a mortgage (lender is Santander , and our lawyer is on the Santander conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Santander conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
What will a local search tell me concerning the house I am buying in Dorchester?
Dorchester conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for example Onsearch The local search plays an important part in many a Dorchester conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search should supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
It has been 2 months following my purchase conveyancing in Dorchester took place. I have checked the Land Registry website which shows that I paid £150,000 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.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Swansea but live in Dorchester. My conveyancer (approximately 200 kilometers awayhas requested that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Dorchester to witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Dorchester based
The conveyancers carrying out our conveyancing in Dorchester has forwarded documents to review that reveal that the property is unregistered with epitome documents. Is it not the case that all houses in Dorchester should be registered?
Whilst the vast majorities of properties in Dorchester are now registered with HM Land Registry there are still some that remain unregistered. Any property in Dorchester that has been remortgaged since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Dorchester property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Plenty of Dorchester conveyancing practitioners should be able to handle this type of conveyancing but if any uncertainty exists the standard guidance presently is for the vendor’s solicitor to register it first and thereafter deal with the transfer to the buyer - this will have a domino effect to result in a significant delay.