Our son is about to exchange on a new build apartment in Southwold with a mortgage from Santander. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Santander conveyancing panel as a standard part of the process, and to the valuer 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 Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do lawyers request an advanced payment for my conveyancing in Southwold?
Where you are retaining lawyers for conveyancing in Southwold your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is as part of the purchase price then this will be asked for immediately ahead of contracts are exchanged. Any further balance that is needed will be payable shortly before completion.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to use their panel conveyancer as I would much rather use a specialised conveyancing solicitor in Southwold?
You should check but the the likelihood is that appoint one of their panel conveyancers should you accept the "fee-free" incentive. Speak to the bank and ask if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor near Southwold.
We are intent on selling our property in Southwold and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Southwold lawyer would know this is not the case. For the life of me I don't know why the buyers used a factory type conveyancing practice as opposed to a conveyancing solicitor in Southwold. We have lived in Southwold for 5 years we know that this is a non issue. Do we contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I am a sole trader intending to take over a lease of an office on the high street. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Southwold for less than £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Southwold, including the sale and acquisition of businesses as well as simply premises. If you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. As for the fees these will vary based on the structure and complexity of the deal. Please provide us with your details or email so as to enable us to provide you with a detailed commercial conveyancing calculation.
I see that you have a post code search directory listing solicitors on the lender conveyancing panel. Do Southwold conveyancing companies pay you a referral fee if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Southwold.