My son-in-law is buying a newly built flat in Blackpool with a home loan from Nationwide. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document 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 Nationwide 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 Nationwide conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am purchasing a right to buy a flat in Blackpool. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Blackpool you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Blackpool.
I am aiming to move property in March. Will my conveyancing solicitor update the removal company on the completion day. On a separate note, can you suggest a removal company in Blackpool. Conveyancing solicitor was organised before I stumbled across your website.
On the afternoon of completion you can collect the house keys from the property agent but this should only happen once the previous owners lawyers inform the agent that they have the completion monies and the keys can be collected. After that you should tell the removal company that they can start moving you in. We are not in a position to recommend a particular removal company but can assist you in finding a residential property solicitor in Blackpool or a solicitor that specialises in conveyancing in Blackpool.
How can we know in advance if a Blackpool conveyancing solicitor on the HSBC panel is any good?
When it comes to conveyancing in Blackpool obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the lawyer handling your transaction.
Lloyds have agreed my home loan in principle, my bid on a property in Blackpool has been agreed to, now what?
Your property agent will need to know who your solicitors are (make sure the conveyancing practitioners are on the lender’s approved list). Telephone Lloyds or your financial adviser and finalise any outstanding forms. Lloyds will appoint a valuer who will get in contact with the selling agent or owners to schedule an appointment. Once carried out (assuming no problems) it takes on average a week to receive the mortgage offer. Lloyds will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Blackpool.
I opted to have a survey done on a property in Blackpool before appointing conveyancers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some banks may refuse to issue a mortgage on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Blackpool. Conveyancing will be smoother if you use a solicitor in Blackpool especially if they regularly deal with such properties in Blackpool.
My father has encouraged me to instruct his conveyancing solicitors in Blackpool. Should I choose my own conveyancer?
Much as we are happy to recommend a Blackpool conveyancing lawyer the ideal way to find a conveyancing lawyer is to seek recommendations from friends or family who have experience in using the solicitor you're contemplating using.