Our son-in-law is about to exchange on a new build apartment in Ferndown with a home loan from Yorkshire BS. His lawyer has advised him of 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 purchase. 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.
We see that you have a search directory listing law firms on the Skipton conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Ferndown?
We are a listing service only for law firms wishing to communicate if they are on the Skipton conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ferndown.
Have just purchased a repossessed house at auction in Ferndown. Conveyancing is required. What happens now?
Having legally committed yourself to purchase you should retain a conveyancing solicitor soon as you will have a tight deadline in which to complete the transaction. All auction property will have a bespoke legal set of papers. This should include most,if not all of the paperwork that your solicitor will need. Where you are dealing with leasehold property the legal papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You should pass this on to the solicitor instructed by you ASAP. You also need to ensure that you have funds in place to complete on the date specified in the contract.
Is it correct that all Ferndown CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved practices?
A selection of lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
I have paid off my mortgage with Leeds Building Society. I assume I don't need a Ferndown solicitor on the Leeds Building Society panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Leeds Building Society mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Leeds Building Society mortgage from the register. Leeds Building Society, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
I have recentlydiscovered that Action Conveyancing have closed. They conducted my conveyancing in Ferndown for a purchase of a freehold house 12 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ferndown conveyancing specialists.
What makes your site different to other internet conveyancing solicitors when it comes to conveyancing in Ferndown?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Ferndown. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your property ownership legalities in Ferndown