My son is about to exchange on a house that has just been built in Malmesbury with a mortgage from TSB. His solicitor has said that there is 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the TSB 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 TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
A colleague recommended that where I am buying in Malmesbury I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually included in the estimate for your Malmesbury conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Malmesbury around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Malmesbury Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Malmesbury Education with maps and statistics, Local Amenities and other useful information about Malmesbury.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who dealt with the conveyancing in Malmesbury 4 years ago are no longer around. What are my next steps?
Nowadays there are duplicates made of almost everything, and your solicitor should know exactly where to look for all the suitable paperwork so you can purchase or sell your house without any difficulty. If copies can’t be found, your lawyer can arrange cover in the form of insurance or indemnities against possible claims on your property.
Due to the advice of my in-laws I had a survey completed on a house in Malmesbury in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will not give a loan on this type of house.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Malmesbury. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Malmesbury cover?
Malmesbury conveyancing for business premises incorporates a broad array of guidance, supplied by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.