Our nephew is buying a house that has just been built in East Sussex with a home loan from Coventry BS. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 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 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.
I am selling our house in East Sussex and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know that there is no such problem. It does beg the question why the buyers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in East Sussex. Having lived in East Sussex for six years we know of no issue. Should we contact our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Is it simple use your search facility to get a fee calculation from a conveyancing lawyer in East Sussex on the authorised to act for my mortgage?
1st choose a bank such as Birmingham Midshires, Norwich and Peterborough Building Society or Barclays Direct then choose your location for example East Sussex. Conveyancing practices in East Sussex and beyond will then be listed.
My husband and I are first time buyers - agreed a price, but the property agent advised that the vendor will only move forward if we instruct their recommended lawyers as they want an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in East Sussex
It is unlikely the sellers are driving this. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Avoid the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you will continue to use your preferred East Sussex conveyancing solicitors - not the ones that will earn their negotiator at the agency a introducer fee or hit his conveyancing figures set by HQ.
What are your top tips when it comes to appointing a East Sussex conveyancing firm to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a East Sussex conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with several firms including non East Sussex conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:
Can they put you in touch with clients in East Sussex who can give a testimonial? What are the costs for lease extension work?
I purchased a basement flat in East Sussex, conveyancing formalities finalised in 2010. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in East Sussex with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 2088
With only 67 years remaining on your lease the likely cost is going to range between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.