Our god-son is in the process of securing a new build apartment in Marston Moretaine with a home loan from Barclays. 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 purchase. Therefore, it will be provided to your son’s lawyer who should be on the Barclays 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 Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I need some expedited conveyancing in Marston Moretaine as I am faced with a deadline to exchange contracts inside 2 weeks. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
If.Given you are not taking a home loan you have the choice not to have searches conducted although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Marston Moretaine the following are examples of issues that can crop up and therefore impact the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Road Schemes,...
Me and my brother purchased a renovated Georgian property in Marston Moretaine. Conveyancing practitioner represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review 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 Marston Moretaine and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing lawyer who conducted the conveyancing.
Over the last few months I have been searching for a flat up to £195,000 and found one near me in Marston Moretaine I like with a park and railway links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Marston Moretaine in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
Hoping to buy a property located in Marston Moretaine and I am already nervous. I couldn't find anything specific about Marston Moretaine. Conveyancing will be needed in due course but do you know about the Marston Moretaine area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Marston Moretaine. In the meantime here are some basic statistics that we found
Do online conveyancing companies cover everything a local Marston Moretaine solicitor does or do I still need to retain a solicitor for the final stages for my conveyancing in Marston Moretaine?
Where you use an online conveyancer they will cover all the tasks your Marston Moretaine conveyancer will cover.