My son-in-law is about to exchange on a newly built flat in South West London with a home loan from Aldermore. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore 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 Aldermore 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 South West London conveyancing solicitors identified as being on the Bank of Ireland conveyancing panel, together with their details provided by Bank of Ireland?
South West London conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
I have been told that property searches are a common cause of obstruction in South West London house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of delay in conveyancing in South West London.
I have recentlyfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in South West London for a purchase of a leasehold apartment 18 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of South West London conveyancing specialists.
Am I better off to use a South West London conveyancing solicitor who is local to the property I am buying? I have an old university friend who can carry out the legal work but her office is approximately 350miles away.
The benefit of a high street South West London conveyancing practice is that you can attend the office to execute paperwork, present your ID and apply pressure on them if necessary. Having local South West London know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and they were impressed that must outweigh using an unknown South West London conveyancing solicitor just because they are local.