Our grandson is purchasing a house that has just been built in Borough Green with a home loan from Yorkshire BS. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document 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 Yorkshire BS 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 Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Why do I have to pay up front when it comes to conveyancing in Borough Green?
Where you are retaining lawyers for conveyancing in Borough Green your lawyer will ask you put them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the purchase price then this will be needed shortly in advance of contracts are exchanged. Any further balance that is due should be sent to your lawyer shortly before completion.
I am purchasing a 4 bedroom semi-detached house in Borough Green. Our aim is to carry out an extension to the side at the property.Will the conveyancing process include enquiries to ascertain if these alterations are permitted?
Your solicitor should review the deeds as conveyancing in Borough Green can occasionally identify restrictions in the title documents which prohibit certain works or need the permission of a 3rd party. Some extensions require local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be sensible to check these issues with a surveyor before you commit yourself to a purchase.
I recently had an offer accepted on an apartment in Borough Green. My financial adviser suggested a property lawyer. I paid an upfront payment of £150. Not long after, the conveyancer contacted me sheepishly admitting that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told four weeks ago that my mortgage has been agreed to by TSB. Is it usual for TSB to only issue the offer once my solicitor in Borough Green is approved on their conveyancing panel? TSB have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when acquiring a residence in Borough Green? or I am told that there is a law dating back centuries that means some homeowners living in a parish church boundary will be compelled to pay for maintenance towards the chancel in proximity to the church. Is this suitable for conveyancing in Borough Green?
Unless a prior purchase of the property completed post 12 October 2013 you may assume that conveyancing practitioners delivering conveyancing in Borough Green to remain encouraging a chancel search and or insurance against a claim.
Are there restrictive covenants that are commonly picked up during conveyancing in Borough Green?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Borough Green. 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…’