Our nephew is in the process of securing a new build apartment in Wembley Central with a home loan from Bank of Ireland. His lawyer has advised him of 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 Bank of Ireland 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 Bank of Ireland conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We are buying a flat and need a conveyancing solicitor in Wembley Central who is on the Skipton conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Wembley Central.
I am assisting my sister sell her house in Wembley Central. Does the conveyancing solicitor order the EPC or do I organise this?
Following the abolition of Home Packs, EPC’s was retained a required component of moving house. An energy assessment should be commissioned before the property is advertised. It is not a task that solicitors normally organise. Where you are using a Wembley Central conveyancing lawyer they may help arrange energy assessments due to their contacts with reputable local accredited person
My conveyancer has informed me that absentee landlord insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Wembley Central?
The right level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Santander and Coventry Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
We have agreed to purchase a house in Wembley Central. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
As you are obtaining a mortgage with Clydesdale your lawyer must follow the formal requirements contained in Section two of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Clydesdale where a lease fails to comply with these provisions. The requirements relate to the installation of panels on properties countrywide and is not limited to Wembley Central.
In what way does the Landlord & Tenant Act 1954 impact my business premises in Wembley Central and how can your lawyers assist?
The 1954 Act provides protection to business tenants, granting the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Wembley Central is one of the many areas of the UK in which our lawyers are based
Why am I unable to complete our conveyancing in Wembley Central on Good Friday?
Because on completion the money needs to be transferred electronically between the banks of the purchaser and owner’s lawyer and currently this can only take place on a working day. So you can't complete on a weekend either.