Our grandson is about to exchange on a newly built flat in Waltham Forest with a mortgage 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 involved 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 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.
Can your site be used to recommend a Conveyancing solicitor in Waltham Forest even where I’m not buying or selling a house, for instance where I intend to buy a shop in Waltham Forest with a loan from Lloyds TSB Bank?
Our comparison service is primarily used to locate residential conveyancing solicitors in Waltham Forest but we have set out at the end of this page some Waltham Forest commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they can also act for Lloyds TSB Bank
We just had an offer accepted to purchase with Darlington Building Society. We have called around locally but am struggling to find a Waltham Forest conveyancing firm on the Darlington Building Society approved list. Please you help?
Please do make the most of the find a lender approved solicitor tool on this web page. Pick the mortgage company and type Waltham Forest or your preferred area and you will be presented with numerous solicitors offices in Waltham Forest or by proximity to you.
How does conveyancing in Waltham Forest differ for newly converted properties?
Most buyers of new build property in Waltham Forest approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Waltham Forest tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Waltham Forest or who has acted in the same development.
I decided to have a survey carried out on a house in Waltham Forest prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend not issue a loan on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Waltham Forest. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Waltham Forest to see if the conveyancing costs will increase in light of this.
I'm refinancing my current home to a buy to let loan with Platform Home Loans Ltd and I will use the ballance of the raised equity towards a second property. The neighborhood we are interested in is Waltham Forest. Will your conveyancers be able to act for the two mortgage companies and link together the conveyances?
Make use of our comparison tool on this page to ensure that the solicitors are on the relevant lender panels. Having checked that they are the lawyer will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and make clear your expectations and needs.