My grandson is buying a newly built flat in Hilperton with a mortgage from Nottingham. His lawyer 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 transaction. Therefore, it will be provided to your son’s lawyer who should be on the Nottingham 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 Nottingham conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
It is a dozen years since I acquired my home in Hilperton. Conveyancing lawyers have recently been retained on the sale but I can't find my deeds. Is this a major issue?
Don’t worry too much. Firstly the deeds may be kept by the lender or they may still be with the lawyers who handled your purchase. Secondly the chances are that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Hilperton relates to registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.
My aunt passed away last year and as sole heir and executor I was left the house in Hilperton. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this possible?
If you intend to refinance then TSB will insist on your using a conveyancer on the TSB conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your TSB conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the TSB mortgage is registered as a charge at the Land Registry.
I have a renovated Edwardian house in Hilperton. Conveyancing solicitor acted for me and Santander. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold with the exact same address. Is it worth asking Santander to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hilperton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing solicitor who completed the work.
My business partner and I are looking to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering competitive fees for commercial conveyancing in Hilperton for under £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Hilperton, including the sale and purchase of businesses as well as simply premises. Whether you are intending to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and nuances of the deal. Let us have your contact information or email so as to enable us to provide you with comprehensive commercial conveyancing quote.
Myself and my husband have recently had an offer accepted on a property and had meeting on Monday with the Post Office for the mortgage. They warned me that when it comes to appointing a conveyancing practitioner that unless they are on their approved list of solicitors then we will have to pay out a further fee of £250+. This is because they will then have to instruct a conveyancer to act on their behalf in addition to the one we appoint on our behalf and we are liable for their invoice. I have asked the Post Office to supply me with a list so I can obtain estimates only from their approved lawyers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a list online?
You can enquire of the Post Office what their criteria for joining their panel is for a solicitor.Then ask the lawyer of your choice whether they fit that criteria and have they acted on mortgages for the Post Office previously. Where the answer to those is yes, then just clarify this with the Post Office. Alternatively please make use of our search facility and we may be able to identify a property lawyer in Hilperton on the panel for the Post Office.