My grandson is buying a house that has just been built in Axbridge with a mortgage from Principality. His lawyer 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 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 Principality 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 Principality conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I are planning on selling our property in Axbridge and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a national conveyancing practice rather than a conveyancing solicitor in Axbridge. We have lived in Axbridge for many years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who conducted the conveyancing in Axbridge 10 years ago have long since closed. What are my options?
As long as you have a registered title the details of your ownership will be retained by HMLR under a Title Number. It is possible to execute a search at the Land Registry, find your property and order current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
How does conveyancing in Axbridge differ for new build properties?
Most buyers of new build or newly converted property in Axbridge contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because house builders in Axbridge typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Axbridge or who has acted in the same development.
My partner and I are are seeking to find a quality conveyancing lawyer in Axbridge to purchase a home. I I am fearful of being overcharged but with various Axbridge conveyancing solicitors out there...who do I opt for?
To fee estimates for your move via conveyancing firms that offers services in Axbridge please make the most of our quote tool.