Our god-son is about to exchange on a newly built flat in Sittingbourne with a mortgage from TSB. His conveyancer 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 form 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 TSB 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 TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
How up to date is your search tool for Sittingbourne conveyancing solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Sittingbourne conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
Have purchased a a terraced house in Sittingbourne , What is the estimated time for the Land Registry to register my ownership? My Sittingbourne conveyancing solicitor has been very slow, so I want to check the registration is dealt with.
As far as conveyancing in Sittingbourne is concerned, registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust depending on who lodges the application, whether it is in order and if the Land registry communicate with any 3rd parties. As of today in the region of 80% of submission are completed in less than three weeks but some can be subject to protracted delays. Registration is effected after the new owner is living at the property thus 'speed' is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
I am looking for a flat up to £235,500 and found one close by in Sittingbourne I like with amenity areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Sittingbourne in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years will likely be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
Are there any apps to help identify a Sittingbourne law firm on the Godiva Mortgages Ltd conveyancing panel? I am a keen cyclist and am willing to travel upto 25miles to meet the solicitor.
You can use the tool on this website. Please select a mortgage company and your location and you will see a number of Sittingbourne conveyancing lawyers locally. We have detailed some Sittingbourne conveyancing firms towards the end of this page and you can call them to see if they are on the Godiva Mortgages Ltd member panel
What tools are available to search for a Sittingbourne conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 10miles to attend the conveyancer.
You can use the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Sittingbourne and you will see a number of lawyer located nearest Sittingbourne. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.