My nephew is buying a house that has just been built in Bournemouth with a home loan from Virgin Money. His conveyancer has said that there is a delay in receiving 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 Virgin Money 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 Virgin Money conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Having sold my house in Bournemouth last July but my buyer keeps e-mailing daily to moan that his solicitor needs to hear from mine. What should have happened following completion?
Post completion of your house sale your conveyancer should send the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where appropriate, your solicitor must also confirm that the mortgage has been redeemed to the buyers solicitors. There are no post completion steps just for conveyancing in Bournemouth.
Have just purchased a repossessed house at auction in Bournemouth. Conveyancing is necessary. What are my next steps?
Having legally committed yourself to purchase you should choose a conveyancing practitioner quickly as you now have a tight a fixed date to complete the deal. All auction property will have a bespoke auction set of papers. This should include evidence of title and search results. Where you are dealing with leasehold property the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You must hand this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in order to complete the transaction on the set completion date.
Can I be sure that the Bournemouth conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Bournemouth seeking recommendations is a sensible 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 which is cheap as chips. We would always suggest that you speak with the lawyer carrying out your conveyancing.
I recently had an offer accepted on an apartment in Bournemouth. My mortgage broker pressured me to appoint their property lawyer. I paid an on account payment of £175. Not long after, the conveyancing practitioner contacted me to say that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Bournemouth is where the house is located. Is there any advice you can impart?
Flying freeholds in Bournemouth are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bournemouth you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bournemouth may ascertain 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.
I am looking for a conveyancing practitioner in Bournemouth for my home move. Can I check a solicitor's record with the profession’s regulator?
Anyone may read documented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The regulator may monitor call for training purposes.