My son-in-law is about to exchange on a newly built flat in Higham Ferrers with a mortgage from Lloyds. His conveyancer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form 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 Lloyds conveyancing panel as a standard part of the process, and to the surveyor 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 Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do lenders provide you with an approved list of Higham Ferrers conveyancing solicitors? How do you know who is on the Co-operative conveyancing panel?
Higham Ferrers conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
I am buying a flat and need a conveyancing solicitor in Higham Ferrers who is on the Godiva Mortgages Ltd approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Godiva Mortgages Ltd in certain locations such as Higham Ferrers. We dont recommend any particular firm.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Higham Ferrers?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Higham Ferrers. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been pointed in your direction by a few property agents in Higham Ferrers to select a conveyancer on your site. What’s the financial incentive for Estate Agents to promote your services over and above another?
We don’t make any financial incentive for directing people our way. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Is it best to choose a Higham Ferrers conveyancing practitioner based in the location that I am purchasing? We have a good friend who can perform the conveyancing however they are based 200kilometers away.
The primary upside of using a high street Higham Ferrers conveyancing practice is that you can attend the office to sign paperwork, deliver your ID and apply pressure on them where appropriate. Having local Higham Ferrers know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and they were impressed that should outweigh using an unknown Higham Ferrers conveyancing solicitor just because they are Higham Ferrers based.