My son-in-law is about to exchange on a house that has just been built in Mawsley with a home loan from HSBC. His lawyer 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the HSBC 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 HSBC conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My bank has recommended solicitors on their panel based in Mawsley but I would rather instruct a conveyancing lawyer in Mawsley round the corner to me. Can you assist?
The minority of Mawsley conveyancing solicitors are listed all banks conveyancing panel. Do make use of the above search tool to locate a Mawsley conveyancing conveyancer on the on the lender panel.
It has been 2 months following my purchase conveyancing in Mawsley concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying a new build house in Mawsley with a mortgage from Skipton Building Society. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The property agent told me not disclose to my conveyancer about the extras as it could affect my loan with Skipton Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My business partner and I are wishing to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering competitive charges for non-domestic conveyancing in Mawsley for under 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Mawsley, including the sale and acquisition of businesses as well as simply premises. If you are intending to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the costs this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or phone us so that we can furnish you with comprehensive commercial conveyancing quote.
We're FTB’s - agreed a price, yet the agent told us that the vendor will only proceed if we use their preferred lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor used to conveyancing in Mawsley
It is improbable the vendors are behind this. Should the owner require ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your own,trusted Mawsley conveyancing firm - as opposed tothe ones that will give the estate agent a commission or hit his conveyancing thresholds demanded by head office.