Our son-in-law is in the process of securing a house that has just been built in Friday Hill with a mortgage from Lloyds. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor 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 Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
What happens if my solicitor is suspended from the Santander Conveyancing panel ahead of completing my conveyancing in Friday Hill?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I opted to have a survey done on a house in Friday Hill before instructing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will not give a loan on such a property.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you e-mail us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Friday Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Friday Hill to see if the conveyancing will be more expensive.
How simple is it to swap solicitor as I have to find one who is on the Barclays conveyancing list. I instructed a family conveyancing solicitor in Friday Hill five minutes from me but she is not accepted by Barclays
We will our best to assist in finding you a conveyancing solicitor in Friday Hill on the Barclays panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Friday Hill. In making use of search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Friday Hill.
In my capacity as executor for the estate of my aunt I am disposing of a property in Swansea but I am based in Friday Hill. My conveyancer (who is 260 miles from meneeds me to sign a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Friday Hill who can witness this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are located in Friday Hill