Our son is buying a newly built flat in Boreham with a home loan from Barclays. His lawyer has said that there is a delay in receiving 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 engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Barclays 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 Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have 7378 less than 75 years left on my lease and require a lease extension for my apartment in Boreham. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/11/2020 the requirements read as follows :
Are there restrictive covenants that are commonly identified as part of conveyancing in Boreham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Boreham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My husband and I are 17 days into a freehold purchase having been directed to conveyancers by the selling agent to perform conveyancing in Boreham. I am am extremely disappointed with the quality of service. Can you you assist me in finding new conveyancers?
A conveyancer would need to be very poor in order to consider replacing them. Has the mortgage been sent? In the event that it has you must advise them of the new contact details and get the offer are re-issued. The solicitor ideally should be on the lenders panel to avoid escalating fees and delays. So that should be your starting point. Our find a solicitor tool should assist you in finding a bank approved conveyancer for your conveyancing in Boreham
I need to switch lawyers as my Boreham lawyer is not on the mortgage company's approved list of conveyancing solicitors. How simple is it to change conveyancer?
If you haven't yet appointed a conveyancer to commence the conveyancing and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Boreham that you're considering.