My son-in-law is purchasing a house that has just been built in Fitzrovia with a home loan from Santander. His solicitor 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 Santander 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 Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Completed the sale of my flat in Fitzrovia last October yet the purchaser is e-mailing daily complaining that her lawyer needs to hear from mine. What should have happened following completion?
Following your house sale your lawyer should deliver the transfer documentation and all of the paperwork to the purchaser's solicitors. If applicable, your conveyancer should also evidence that the legal charge in favour of the lender has been discharged to the buyers solicitors. There is unlikely to be post completion tasks unique to conveyancing in Fitzrovia.
I am purchasing a right to buy a flat in Fitzrovia. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Fitzrovia you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Fitzrovia.
Should our conveyancer be raising questions concerning flooding during the conveyancing in Fitzrovia.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Fitzrovia. There are those who purchase a property in Fitzrovia, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to give advice on flood risk, but there are a numerous searches that may be carried out by the purchaser or on a buyer’s behalf which should give them a better appreciation of the risks in Fitzrovia. The conventional set of property information forms given to a buyer’s conveyancer (where the Conveyancing Protocol is adopted) includes a usual inquiry of the seller to find out whether the premises has suffered from flooding. In the event that flooding has previously occurred and is not disclosed by the owner, then a buyer could commence a claim for damages resulting from an inaccurate response. The buyer’s conveyancers will also commission an environmental search. This should indicate if there is a recorded flood risk. If so, additional investigations should be made.
Just bought a detached house in Fitzrovia , how long will it take for the Land Registry to record my ownership? My Fitzrovia conveyancing solicitor works at snail pace, so I want to be sure that my purchase is registered.
As far as conveyancing in Fitzrovia is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any interested persons or bodies. As of today roughly three quarters of such applications are fully dealt with in less than three weeks but occasionally there can be protracted delays. Historically registration is effected once the buyer has moved in to the premises therefore post completion formalities is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.
What tools are available to locate a Fitzrovia solicitor on the Skipton Building Society conveyancing panel? I have a car and am willing to travel upto 25miles to meet the lawyer.
Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Fitzrovia conveyancing lawyers locally. We have listed some Fitzrovia conveyancing firms at the bottom of this page and you can call them to verify if they are on the Skipton Building Society approved list