Our grandson is about to exchange on a newly built flat in Ruislip with a home loan from Yorkshire BS. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document 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 Yorkshire BS 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 Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Our lender has suggested solicitors on their panel based in Ruislip but I would rather choose a conveyancing lawyer in Ruislip or nearer to where I live. Can you assist?
It is by no means the case that all Ruislip conveyancing practices are listed all lender’s conveyancing panel. Use the above search tool to find a Ruislip conveyancing firm on the on the bank panel.
My wife and I are buying a property in Ruislip. I might seem paranoid but how we can trust a solicitor? At some point we have to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am currently in the process of buying my council flat in Ruislip. I have a mortgage agreed with Clydesdale. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
RBS have agreed my mortgage in principle, my offer on a house in Ruislip has been accepted, what happens next?
The property agent will wish to be informed of your solicitor's details (ensure that the solicitors are on the lender’s approved list). Call up RBS or your broker and complete any appropriate documentation. RBS will appoint a valuer who will get in contact with the selling agent or vendor to arrange a slot for the valuation to happen. Once conducted (assuming no problems) it takes about a fortnight to receive the mortgage offer. RBS will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Ruislip.
My husband and I are first time buyers - had an offer accepted, yet the estate agent advised that the seller will only go ahead if we instruct the agent's chosen solicitors as they need a ‘quick sale’. Our preferred option is to instruct a high street solicitor used to conveyancing in Ruislip
It is highly unlikely the vendors are behind this. Should the seller require ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred Ruislip conveyancing solicitors - not the ones that will earn the estate agent a commission or hit his conveyancing targets pre-set by HQ.
I happen to be an executor of my recently deceased parent's Will, with a property in Ruislip which is to be marketed. The property has never been registered at HMLR and I'm told that some EAs will insist that it is in place before they'll move forward. What's the procedure for this?
In the situation you refer to it seems advisable to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.