Our son is in the process of securing a new build apartment in Hampstead with a mortgage from RBS. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the purchase. 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 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 RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My lawyer in Hampstead is not on the Platform Home Loans Ltd Conveyancing Panel. Can I still continue with my family solicitor even though they are excluded from the Platform Home Loans Ltd approved list?
The limited options open to you here include:
- Complete the purchase with your preferred Hampstead lawyers but Platform Home Loans Ltd will need to instruct a solicitor on their panel. This will result in additional total legal charges as well as cause delays.
- Choose an alternative lawyer to to deal with the conveyancing, remembering to check they are Platform Home Loans Ltd approved.
- Try to convince your Platform Home Loans Ltd based solicitor to attempt to join the Platform Home Loans Ltd panel
A friend recommended that if I am purchasing in Hampstead I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Hampstead conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Hampstead around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Hampstead Education with plans and statistics, Local Amenities and other useful information concerning Hampstead.
Taking into account that I am about to spend over three hundred thousand on a property in Hampstead I would like to have a conversation with the solicitor concerning thehome move prior to instructing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the solicitor due to be conducting your conveyancing in Hampstead.There is no ‘factory style conveyancing’ - each client is an important individual, not a case reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Hampstead should be the amount on the final invoice that you are charged.
I need to find a conveyancing solicitor for sale conveyancing in Hampstead. I happened to stumble upon a web site which seems to have the perfect solution If there is a chance to get all the legals done via email that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I'm selling a house in Hampstead. I can find my conveyancer's company on the CLC list, but I can't see my conveyancer's name on the list. Is this a big problem?
Not all staff in the practice must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.