My son-in-law is purchasing a house that has just been built in Hadleigh with a home loan from Coventry BS. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Coventry BS 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 Coventry BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do I need to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Hadleigh so that I can attend their offices if necessary.
Whereas this was necessary ten years ago, most banks no longer oblige their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to provide identification documents and there are still distinct advantages to using a locally based solicitor, in your situation a conveyancing solicitor in Hadleigh.
This question may be naive but I am unexperienced as FTB of a ground floor flat in Hadleigh. Do I receive the keys to the premises on completion from my conveyancer? If this is the case, I will find a High Street conveyancing solicitor in Hadleigh?
On the day of completion you will not be required to go to the conveyancers office in Hadleigh. Conveyancing lawyers for you will transfer the completion advance to the owner’s lawyers, and once they have received this, you will be called to receive the keys from the selling Agents and start moving into the property. Usually this happens between 1 and 3pm.
The formalities of my remortgage has taken place for my property in Hadleigh. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
After what seems like an age I have had an offer on an apartment in Hadleigh agreed to, but there is a chain. The owners have offered on somewhere, however it’s not yet tied up, and are looking at other flats in the pipeline. I have chosen a high street conveyancing solicitor in Hadleigh. What do I do now? When do I get the mortgage application with Barclays going?
It is usual to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is approx one thousand pounds, then valuation, Hadleigh conveyancing search charges, etc). First, you must check that your conveyancer is on the Barclays conveyancing panel. Concerning the subsequent phase this very much dictated by the specifics of your transaction, desire for the property and on the state of the market. In a buoyant market the majority of buyers will apply for a home loan with Barclays and arrange for the valuation and only if it comes back ok would they pay their property lawyer to press on with searches.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Hadleigh is the location of the property. Can you shed any light on this issue?
Flying freeholds in Hadleigh are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hadleigh you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hadleigh may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
As co-executor for the will of my father I am selling a residence in Swansea but I am based in Hadleigh. My solicitor (who is 300 miles from merequires that I execute a stat dec before the transaction finalising. Could you suggest a conveyancing lawyer in Hadleigh who can attest and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are based in Hadleigh
Do I need to attend the offices of the mortgage company conveyancing panel solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Hadleigh as it will be easier to pop in to their offices if required.
As opposed to ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Hadleigh.