My nephew is about to exchange on a house that has just been built in Erdington with a mortgage from Co-operative. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
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 Co-operative 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 Co-operative 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 buying a terraced house in Erdington. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Erdington you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Erdington.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who handled the conveyancing in Erdington 5 years ago no longer exist. What are my next steps?
Gone are the days when you need to have the physical original deeds to establish that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
How does the Landlord & Tenant Act 1954 affect my commercial property in Erdington and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial tenants, giving them the right to apply to court for a renewal lease and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Erdington is one of the numerous locations in which the firms we work with are located
We recently discovered that one of the partners of the firm handling the purchase conveyancing in Erdington is an aunty of the vendor. Is this acceptable?
As long as no conflict arises this should be fine. If you are requiring a home loan then the bank may have a say as many mortgage companies have specific instructions concerning this. For example for RBS - Direct Line as of 10/9/2021, the requirements read as follows :