Our son-in-law is buying a newly built flat in Beddington with a home loan from Coventry BS. His conveyancer has advised him of a delay in completing 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Coventry 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 Coventry BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do lenders provide you with an approved list of Beddington conveyancing solicitors? How do you know who is on the Virgin Money conveyancing panel?
Beddington conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Beddington so that I can attend their offices when needed.
Nowadays conveyancing panel lawyers for banks conduct the vast majority of communications through the post, e-mail or over phone calls. This means that they can undertake the conveyancing transaction no matter where you live in the country. That being said you can see if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.
The deeds to our property can not be found. The lawyers who handled the conveyancing in Beddington 10 years ago no longer exist. What are my options?
Gone are the days when you need to have the physical deeds to establish that you own the land or premises, as the Land Registry have everything they need in a digital format.
I'm remortgaging my existing home to a BTL loan with Accord Mortgages Ltd and I will use the rest of the raised equity as a down payment on a second property. The neighborhood we are talking about is Beddington. Will your conveyancers be able to act for the two lenders and tie in the two deals?
Do use our search tool on this site to ensure that the solicitors are on the appropriate lender panels. On the basis that they are your solicitor should be able to tie up the two deals but you should have a chat with you conveyancer and make clear your expectations and requirements.