Our god-son is about to exchange on a house that has just been built in Holland Park with a home loan from Nationwide. 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 engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Nationwide 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 Nationwide 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 check that the solicitor handling my conveyancing in Holland Park is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus paying £175.00 in supplemental conveyancing invoice.
Please do make the most of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Holland Park’ or your preferred area and you will discover a number of lawyer located in Holland Park or near you.
My bid for a property was accepted at auction in Holland Park. Conveyancing is needed. What happens now?
Having exchanged you now have to appoint a conveyancing lawyer as a matter of urgency as you now have a fast approaching a fixed date to complete the deal. An auction property should have a bespoke legal set of papers. This will include most,if not all of the paperwork that your conveyancer will need. Where you are dealing with leasehold property the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You must give this to the solicitor working for you at the earliest opportunity. Do make sure that you have funds in order to complete the transaction on the set completion date.
Two weeks ago we had a mortgage agreed in principle with TSB. Holland Park conveyancing practitioners are selected. What is the average time that one could expect to receive a mortgage offer from TSB?
Some lenders take longer than others. Have TSB completed the valuation? Have you informed TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am expecting a OIP from Yorkshire BS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Holland Park solicitors on the Yorkshire BS conveyancing panel, or is it better to go independently?
You will need to appoint Holland Park solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
I was pointed in your direction by a couple of local estate agents in Holland Park to find a property lawyer on your site. What’s the financial inducement for Estate Agents to promote your site over and above alternative conveyancing organisations?
We refuse to offer any commission for sending work our way. We thought it would be too underhand a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am looking for a conveyancing lawyer in Holland Park for my home move. Is there any facility to review a solicitor's complaints history with the profession’s regulator?
Anyone may find documented Solicitor Regulator Association (SRA) determinations stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training reasons.