Our god-son is buying a newly built flat in Putney Heath with a mortgage from UBS. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the UBS 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 UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Our mortgage company has recommended solicitors on their panel based in Putney Heath but I would rather use a conveyancing lawyer in Putney Heath or nearer to where I live. Can you assist?
The minority of Putney Heath conveyancing practitioners are listed all banks conveyancing panel. Use the above search tool to identify a Putney Heath conveyancing firm on the on the mortgage company panel.
Due to the advice of my in-laws I had a survey completed on a house in Putney Heath prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies tend not give a loan on such a home.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Putney Heath. Conveyancing will be smoother if you use a solicitor in Putney Heath especially if they regularly deal with such properties in Putney Heath.
What are your top tips when it comes to choosing a Putney Heath conveyancing firm to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Putney Heath conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Putney Heath conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
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If they are not ALEP accredited then what is the reason? What are the costs for lease extension conveyancing?
I am the leaseholder of a second floor flat in Putney Heath. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum payable for the purchase of the freehold?
Most certainly. We can put you in touch with a Putney Heath conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Putney Heath premises is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case related to 3 flats. The unexpired term as at the valuation date was 66.25 years.
I require the services of a lender panel solicitor in Putney Heath. Could you help me?
It is not clear why you need a Putney Heath panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the bank to find out which solicitors in Putney Heath are on their panel . If you do find such a firm in Putney Heath not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site