Our nephew is in the process of securing a house that has just been built in Martlesham Heath with a home loan from TSB. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 TSB 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 TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am the registered owner of a freehold premises in Martlesham Heath but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Martlesham Heath and has limited impact for conveyancing in Martlesham Heath but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I have been referred to a conveyancing solicitor in Martlesham Heath. I I am struggling to find out if they are accepted on the Britannia approved list of lawyers. Can you help?
You should call your lawyer and enquire whether they can act for the bank. Otherwise please call Britannia who may be able to confirm.
We are due to move house in October. Will my conveyancing solicitor call the removal company on the day of completion. As an aside, can you suggest a removal company in Martlesham Heath. Conveyancing solicitor was found before I stumbled across this page.
On the day of completion you will need to collect the keys from your selling agent but this can only take place once the previous owners conveyancers inform the agent that they have the completion monies and the keys can be collected. You should advise the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can help you locate a residential property solicitor in Martlesham Heath or a lawyer with expertise in conveyancing in Martlesham Heath.
Can you help - my lawyer advises that lack of building regulations insurance is required on my purchase. What is the level of cover for Martlesham Heath conveyancing?
The right level of lack of building regulations indemnity insurance should be dictated by who who your lender is. It would differ for example between HSBC Bank and The Royal Bank of Scotland. Conveyancing practitioners as opposed to members of the public take out such insurances.
The mortgage over my property is with Leeds Building Society for my property in Martlesham Heath. Conveyancing has been completed some time ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Leeds Building Society?
Leeds Building Society must be informed of your intention before renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. It may be that Leeds Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. You need not do this via a Leeds Building Society conveyancing panel firm.
In what way does the Landlord & Tenant Act 1954 affect my business premises in Martlesham Heath and how can you help?
The particular law that you refer to provides security of tenure to business lessees, giving them the dueness to make a request to court for a new tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Martlesham Heath
Is it best to choose a Martlesham Heath conveyancing lawyer who is local to the property I am purchasing? I have an old university friend who can deal with the legal formalities but her office is 200kilometers drive away.
The primary upside of using a high street Martlesham Heath conveyancing practice is that you can visit the firm to sign paperwork, hand in your ID and pester them where appropriate. They will also have local intelligence which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were content that must outweigh using an unknown Martlesham Heath conveyancing lawyer solely due to them being local.