My grandson is in the process of securing a newly built flat in Dunchurch with a mortgage from UBS. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The document 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 valuer 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.

When can the exchange of contracts happen for purchase conveyancing in Dunchurch and am I required to attend the lawyers office?

If you are in close proximity to our conveyancing solicitors in Dunchurch you are welcome to attend to sign documents. That being said, the law practices we work with provide a national conveyancing service and provide as equally detailed and professional a job for you when communicating with you by post or email. The signing of the sale agreement is not the important part. Signing on the dotted line is just a prerequisite for the solicitor to officially exchange at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Dunchurch)to be in the office at the appropriate time.

I have been on the look out for a flat up to £245,000 and found one near me in Dunchurch I like with open areas and station in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Dunchurch in this price bracket, so just wondered if I would be making a grave error buying a short lease?

If you require a mortgage that many years will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

Is it possible to switch conveyancer as I have to select one who is on the TSB conveyancing list. I had appointed a family conveyancing solicitor in Dunchurch five minutes from me but the firm is not approved by TSB

It would be our pleasure to assist you select a conveyancing solicitor in Dunchurch on the TSB panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Dunchurch. Using the find a conveyancing solicitor tool on this website, you can contrast fees for conveyancing solicitors in Dunchurch and throughout England and Wales.

I have read on a number of consumer advice websites that when choosing a conveyancing solicitors they need approved by your mortgage company. It happens to be my first house move but I have an AIP via Virgin Money and I already have a bricks and morter conveyancing lawyer in Dunchurch lined up. Can Nat West Bank insist on an approved lawyer to be used? If so, where can I find that list so I can appoint a conveyancing solicitor in Dunchurch?

You should instruct a solicitor that is on the Nat West Bank panel. The first thing to do is telephone your chosen Dunchurch conveyancing solicitor to check if they are on the Nat West Bank panel. If they are not approved you have a number of alternatives available to you here:

• Carry on with your preferred Dunchurch property lawyer but Nat West Bank will undoubtedly use a conveyancing practitioner from their approved list. The net impact is additional charges together with probable interruption.
• Get a fresh property lawyer to act in the purchase, ensuring that they are on the Nat West Bank conveyancing panel.
• Convince your conveyancing practitioner to do everything within their powers to join the Nat West Bank conveyancing panel.