Our god-son is purchasing a house that has just been built in Woodford Green with a home loan from Leeds Building Society. His solicitor 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 form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Leeds Building Society 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 Leeds Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My brother-in-law has suggested I instruct a conveyancing solicitor in Woodford Green. I need to find out if they are accepted on the Godiva Mortgages Ltd approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing to do is call your lawyer and ask them if they are on the lender panel. Otherwise you can get in touch with Godiva Mortgages Ltd who may be able to help.
I am helping my niece sell her property in Woodford Green. Does the solicitor commission an EPC or do I organise this?
Following the demise of Home Information Packs, energy performance certificates was retained a required part of moving property. An energy performance certificate should be commissioned in advance of the property being marketed. It is not a task that law firms normally organise. Where you are instructing a Woodford Green conveyancing lawyer they might be willing to arrange energy performance certificates given their contacts with long established Woodford Green providers
Have just purchased a repossessed house at auction in Woodford Green. Conveyancing is needed. What happens now?
Having exchanged you will need to appoint a conveyancing lawyer as a matter of priority as you are facing a fast approaching a fixed date to complete the conveyancing. All auction property should have a corresponding legal set of papers. This should include evidence of title and search results. If you have purchased leasehold premises the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You should pass this on to the solicitor instructed by you as soon as possible. You also need to ensure that your finances are in place to complete the transaction on the set completion date.
Is it the case that all Woodford Green CQS (Conveyancing Quality Scheme) solicitors are on the Clydesdale conveyancing panel?
A selection of lenders now use CQS as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
What does a local search reveal about the property we're purchasing in Woodford Green?
Woodford Green conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company for instance Onsearch The local search is essential in every Woodford Green conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will supply data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
About to purchase a new build apartment in Woodford Green. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Woodford Green
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.