Our grandson is in the process of securing a new build apartment in Elephant and Castle with a home loan from Aldermore. His solicitor 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 purchase. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore 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 Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to recommend a Conveyancing solicitor in Elephant and Castle even if I’m not buying or selling a house, for instance where I intend to acquire an office in Elephant and Castle with a loan from Clydesdale?
The service is predominantly utilised to get a quote from domestic conveyancing solicitors in Elephant and Castle but we have recorded at the end of this page some Elephant and Castle commercial conveyancing firms. You should make contact with the solicitors directly to see if they can also act for Clydesdale
Are the BSA intent on creating a online directory to to identify practices on the Norwich and Peterborough Building Society conveyancing panel for example in Elephant and Castle?
We are not aware of any plans on the part of the BSA to develop such a search facility.
I am looking for a ground for flat up to £305k and found one round the corner in Elephant and Castle I like with a park and station nearby, however it's only got 49 years unexpired on the lease. There is not much else in Elephant and Castle in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I am four weeks into a freehold purchase having been referred to solicitors by the high street agent to execute conveyancing in Elephant and Castle. I am not happy. Could you you assist me in finding new solicitors?
A lawyer would have to be very poor in order to consider changing them. Has the loan offer been generated? In the event that it has you will need to inform them of the new conveyancer and ensure the offer are re-sent. Your new solicitor ideally needs to be on the lenders approved list to avoid escalating fees and frustration. So that should be your starting point. Our search tool will assist you in finding a lender approved conveyancer for your home move in Elephant and Castle
Should I stop my mortgage payments with Kent Reliance once a completion date for my home sale in Elephant and Castle has been agreed?
You would be well advised to continue meeting any mortgage payments to Kent Reliance pending the mortgage being repaid on completion as part of your Elephant and Castle conveyancing.