Our grandson is buying a new build apartment in Norwood Green with a home loan from Yorkshire BS. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document 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 Yorkshire BS 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 Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Completed the sale of my flat in Norwood Green last October but our buyer keeps SMS messaging every few hours to say their solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
Following your house sale your solicitor is obliged to send the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor must also evidence that the home loan has been discharged to the buyers conveyancers. There is unlikely to be post completion requirements specific conveyancing in Norwood Green.
I am assisting my sister sell her flat in Norwood Green. Does the conveyancing solicitor order the energy performance certificate or it is for the seller to coordinate?
After the demise of Home Information Packs, energy assessments was maintained a mandatory component of selling a house. An energy assessment should be to hand before the property is marketed. This is not as aspect of the sale process that solicitors ordinarily arrange. If you are using a Norwood Green conveyancing lawyer they may be willing to arrange energy performance certificates due to their relationships with long established local energy assessors
When it comes to lenders such as Coventry BS, do Norwood Green solicitors have to pay a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
How can we know in advance if a Norwood Green conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Norwood Green obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer handling your conveyancing.
I used Arc property Solicitors several years past for my conveyancing in Norwood Green. Now, I need my files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Norwood Green of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a flat up to £195,000 and found one close by in Norwood Green I like with open areas and railway links in the vicinity, the downside is that it only has 51 remaining years left on the lease. There is not much else in Norwood Green for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term may be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I need to appoint a conveyancing solicitor for my conveyancing in Norwood Green. I have chance upon a site which looks to be the ideal offering If there is a chance to get all the legals completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?