My grandson is in the process of securing a newly built flat in Cradley Heath with a mortgage from Clydesdale. His solicitor has advised him of 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 engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Clydesdale 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 Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
As a novice what is the most important number one tip you can give me about purchase conveyancing in Cradley Heath?
Not many law firms or advisers will tell you this but conveyancing in Cradley Heath and elsewhere in Birmingham is often a confrontational process. Put another way, when it comes to conveyancing there exists plenty of opportunity for conflict between you and other parties involved in the transaction. For example, the vendor, selling agent and sometimes the lender. Appointing a lawyer for your conveyancing in Cradley Heath should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the process whose responsibility is to look after your legal interests and to protect you.
Sometimes a potential adversary will attempt to persuade you that it is in your interests to do things their way. For instance, the estate agent may claim to be assisting by claiming that your lawyer is wrong. Or your mortgage broker may try to convince you to do take action that is against your solicitors advice. You should always trust your lawyer above all other parties in the home moving process.
I decided to have a survey completed on a property in Cradley Heath in advance of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies tend not grant a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Cradley Heath. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cradley Heath to see if the conveyancing costs will increase in light of this.
Are there any apps to help locate a Cradley Heath law firm on the Britannia conveyancing panel? I have a car and am willing to travel upto 25miles to meet the conveyancer.
You can use the tool on this page. Please pick a mortgage company and your location and you will see a number of Cradley Heath conveyancing lawyers based on proximity. We have listed some Cradley Heath conveyancing firms towards the end of this page and you can ring them to verify whether they are on the Britannia member panel
My husband and I are 14 days into a residential purchase having been recommend to a firm by the high street agent to carry out the conveyancing in Cradley Heath. I am am extremely dissatisfied with the quality of service. Can you help me find new lawyers?
They would need to be really poor in order to consider replacing them. Has your loan offer been issued? In the event that it has you will need to inform them of the replacement conveyancer and get the offer are issued to the new lawyers. Your solicitor ideally should be on the mortgage company panel to avoid added fees and complications. That should be your starting point. The search tool should assist you in finding a lender approved solicitor for your home move in Cradley Heath