My nephew is purchasing a new build apartment in Lyme Regis with a mortgage from Barclays. His solicitor has advised him of 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 Barclays 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 Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Are the Lyme Regis conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
Lyme Regis conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a quick, no chain conveyancing. Lyme Regis is where the house is located. What do you suggest?
Flying freeholds in Lyme Regis are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lyme Regis you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lyme Regis may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How do I locate a Lyme Regis law firm on the National Westminster Bank conveyancing panel? I am a keen cyclist and am willing to travel upto 20miles to meet the lawyer.
You can use the facility on this page. Please choose the lender and your location and you will see a number of Lyme Regis conveyancing lawyers located nearest you. We have listed some Lyme Regis conveyancing firms towards the end of this page and you can ring them to see whether they are on the National Westminster Bank member panel
In my capacity as executor for the estate of my uncle I am disposing of a residence in Neath but I am based in Lyme Regis. My lawyer (who is 260 miles from merequires that I execute a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Lyme Regis to attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are located in Lyme Regis