My nephew is purchasing a house that has just been built in Woolwich with a mortgage from Aldermore. 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 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 Aldermore 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 Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can I use your services to recommend a Conveyancing solicitor in Woolwich even if I’m not buying or selling a house, for instance if I intend to acquire a shop in Woolwich with a mortgage from Virgin Money?
Our search tool is mainly there to find residential conveyancing solicitors in Woolwich but we have listed at the end of this page a few Woolwich commercial conveyancing firms. You should speak with the company directly to establish if they can also act for Virgin Money
I am buying a new build flat in Woolwich. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Woolwich you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Woolwich.
What is the difference between a licensed conveyancer and conveyancing solicitor in Woolwich
Two types of professional can execute conveyancing in Woolwich namely CLC regulated conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the sale or purchase of property. Both are duty bound to perform Woolwich conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be properly administered and that the requirements and steps should be suitably followed.
I am selling my house. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Kent Reliance are being pedantic. The Woolwich solicitor who is on the Kent Reliance conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Kent Reliance are insisting on a building regulation certificate. Why do Kent Reliance have a conveyancing panel if they don't accept advice from them?
It is probably the case that Kent Reliance have referred the matter to their valuer. The reason why Kent Reliance may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Aldermore have agreed my mortgage in principle, my bid on a house in Woolwich has been agreed to, what happens next?
Your property agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Contact Aldermore or the financial adviser and complete any outstanding forms. Aldermore will instruct a valuer who will get in touch with the estate agent or vendor to book an appointment. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Aldermore will issue the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Woolwich.
The deeds to our home are lost. The solicitors who conducted the conveyancing in Woolwich 10 years ago no longer exist. What do I do?
In today’s world there are copies made of almost everything, and your lawyer should know precisely where to locate all the suitable paperwork so you can purchase or sell your house without a hitch. If duplicates are not available, your conveyancer may be able to put in place insurance or indemnities protecting you against future claims on your property.