Our son is buying a house that has just been built in Borough Green with a home loan from Yorkshire BS. His solicitor has advised him of 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 Yorkshire BS 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 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.
In what way does my ID and proof of funds have anything to do with my conveyancing in Borough Green? What am I being asked for?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you need to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. Should you are unwilling to hand over identification documents, your solicitor will not be able to take you on as a client.
My wife and I have recently appointed a conveyancing solicitor in Borough Green. I need to find out if they are on the Halifax approved list of lawyers. Could you assist?
You should phone your conveyancer and enquire whether they can act for the bank. Otherwise please call Halifax who may be able to assist.
What can a local search tell me about the house we're purchasing in Borough Green?
Borough Green conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Borough Green conveyancing purchase; that is if you don’t want any nasty surprises after you move into your property. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
What type of property do your Borough Green conveyancing quotes apply to?
The quotes issued are only applicable to standard residential property in England & Wales. Should you have any different needs such as industrial or agricultural property or commercial conveyancing in Borough Green please contact us to discuss your requirements .