My nephew is purchasing a new build apartment in Lewes with a mortgage from Skipton. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Skipton conveyancing panel as a standard part of the process, and to the valuer 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 Skipton conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We have agreed to purchase a house in Lewes. A rare aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Principality your lawyer must comply with the formal instructions contained in Section 2 of UK Finance Lenders’ Handbook for Principality. The CML Handbook contains minimum specifications for solar panel roof-space leases, and lawyers are required to report to Principality where a lease does not satisfy these conditions. The conditions relate to the installation of panels on properties nationwide and is not limited to Lewes.
I have today made my last payment due on my mortgage with Principality. I assume I don't need a Lewes lawyer on the Principality panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality 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 Principality mortgage from the register. Principality, 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 Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
TSB have agreed my home loan in principle, my bid on a property in Lewes has been agreed to, now what?
Your property agent will want to be advised as to your property lawyer's details (ensure that the conveyancing practitioners are on the lender’s panel). Contact TSB or the financial adviser and finalise any relevant documentation. TSB will appoint a valuer who will get in touch with the estate agent or seller to book an appointment. Once carried out (assuming no problems) it takes about a week for the mortgage offer to be issued. TSB will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lewes.
A friend suggested that if I am purchasing in Lewes I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Lewes conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Lewes around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lewes Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Lewes Education with maps and statistics, Local Amenities and other useful data concerning Lewes.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The conveyancers who did the conveyancing in Lewes 5 years ago no longer exist. What do I do?
In today’s world there are duplicates made of almost everything, and your conveyancer should know exactly where to locate all the suitable paperwork so you may buy or sell your property without any difficulty. Where duplicates are not available, your conveyancer can put in place insurance or indemnities against possible claims on your premises.
Is it simple use the search app to find a conveyancing solicitor in Lewes on the panel for my mortgage?
Step one is to choose a lender such as Nationwide Building Society, Leeds Building Society or Clydesdale then choose your preferred area e.g. Lewes. Conveyancing organisations in Lewes and beyond will then be listed.