Our god-son is buying a newly built flat in Chafford Hundred with a home loan from Kent Reliance. His solicitor has advised him of a delay in receiving 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 Kent Reliance 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 Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
How do I discover of the solicitor conducting my conveyancing in Chafford Hundred is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus paying £192.00 in another set of legal bill.
You should make the most of the search tool on this site. Please choose the mortgage company and type ‘Chafford Hundred’ or your preferred area and you will be presented with numerous solicitors based in Chafford Hundred or by proximity to you.
My wife and I buying a detached bungalow in Chafford Hundred. The intention is to carry out an extension to the side at the property.Will the conveyancing process include investigations to determine if these alterations are allowed?
Your conveyancer should review the deeds as conveyancing in Chafford Hundred can sometimes reveal restrictions in the title documents which restrict certain alterations or necessitated the permission of another owner. Some extensions call for local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
Two weeks ago we had a mortgage agreed in principle with Nottingham. Chafford Hundred conveyancing practitioners are chosen. What is the average time that one could expect to receive a mortgage offer from Nottingham?
Some lenders take longer than others. Have Nottingham completed the valuation? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I was told four weeks ago that my mortgage has been agreed to by Skipton. Is it usual for Skipton to only issue the offer once my solicitor in Chafford Hundred is approved on their conveyancing panel? Skipton have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Skipton to deal with your lawyer's application to be on the Skipton conveyancing panel. There's no guarantee that your solicitor will be accepted.
Am I better off to instruct a Chafford Hundred conveyancing lawyer who is local to the property I am buying? We have a good friend who can deal with the legal work but her office is 300kilometers away.
The benefit of a local Chafford Hundred conveyancing firm is that you can drop in to sign paperwork, hand in your ID and pester them if necessary. They will also have local insight which is a plus. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and the majority were impressed that should outweigh using an unfamiliar Chafford Hundred conveyancing solicitor solely due to them being local.
I am on look out for some leasehold conveyancing in Chafford Hundred. Before diving in I would like to find out the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and almost all are in Chafford Hundred - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the leaseholder of a two-bedroom flat in Chafford Hundred. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Most certainly. We are happy to put you in touch with a Chafford Hundred conveyancing firm who can help.
An example of a Lease Extension decision for a Chafford Hundred flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case affected 13 flats. The unexpired term was 76 years.