Our god-son is buying a house that has just been built in Pinnerwood Park with a home loan from Nottingham. His conveyancer has said that there is 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 document 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 Nottingham conveyancing panel as a standard part of the process, and to the surveyor 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 Nottingham conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I purchased a 4 bedroom Georgian property in Pinnerwood Park. Conveyancing solicitor acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Pinnerwood Park and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Pinnerwood Park is where the house is located. Can you shed any light on this issue?
Flying freeholds in Pinnerwood Park are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Pinnerwood Park you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Pinnerwood Park may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My company is intending to lease a unit on the high street. Can you recommend solicitors offering no-sale-no fees for commercial conveyancing in Pinnerwood Park for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Pinnerwood Park, including the sale and acquisition of businesses as well as simply property. Whether you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. Regarding the fees this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or email so as to enable us to furnish you with comprehensive commercial conveyancing calculation.
I am thinking of appointing a conveyancing solicitor in Pinnerwood Park for my sale. Is there any facility to review a solicitor's record with the profession’s regulator?
One can search for presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator could recorded call for training reasons.