My god-son is buying a new build apartment in Longhope with a mortgage from Coventry BS. His conveyancer has said that there is a delay in completing 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 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.
Is there a search tool that I can utilise to find out if the solicitor conducting my conveyancing in Longhope is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus spending £192.00 in supplemental conveyancing invoice.
Feel free to take advantage of the search tool on this web page. Pick the lender and type ‘Longhope’ or your location and you will discover a number of lawyer offices in Longhope or nearest you.
I decided to have a survey completed on a house in Longhope ahead of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some banks tend not issue a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. If you call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Longhope. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my primary home to a buy to let mortgage with Nationwide Building Society and I will use the rest of the raised equity towards a second house. The area we are looking at is Longhope. Will your lawyers be able to act for the two lenders and tie in the two deals?
Make use of our search tool on this page to be sure that the conveyancers are approved by both lenders. Having checked that they are the lawyer will be able to tie up the two deals but you should talk with you lawyer and make clear your desired outcome and needs.
We're novice buyers - had an offer accepted, but the property agent advised that the seller will only go ahead if we use the agent's chosen lawyers as they want an ‘expedited deal’. We would rather use a local solicitor who is accustomed to conveyancing in Longhope
It is unlikely the vendors are driving this. If they desire ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Contact the owners directly and make sure they comprehend that (a)you are motivated buyers (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your preferred Longhope conveyancing solicitors - not the ones that will give their estate agent a kickback or hit his conveyancing figures demanded by senior management.