Our grandson is about to exchange on a newly built flat in New Inn with a home loan from Yorkshire BS. 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 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 Yorkshire BS 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 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.

There are plenty of conveyancing solicitors in New Inn but how do I know who's good?

Do not opt for the lowest New Inn conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.

Is there a list of Aldermore panel conveyancers in New Inn on the UK Finance Lenders’ Handbook Website?

No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few mortgage companies make their panel listings available on the web. Where you are in need of a New Inn solicitor on the Aldermore please make the most of our facility.

The mortgage over my property is with UBS for my property in New Inn. Conveyancing has been completed a year ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform UBS?

UBS must be informed of your intention prior to renting your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel lawyer.

I am a sole trader looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering competitive charges for commercial conveyancing in New Inn for under £2000?

We can recommend firms who host a wealth of experience of commercial conveyancing in New Inn, including the sale and purchase of businesses as well as simply premises. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. As for the costs these will vary based on the structure and complexity of the deal. Please provide us with your contact information or telephone us so that we may furnish you with a detailed commercial conveyancing calculation.

Back In 2006, I bought a leasehold flat in New Inn. Conveyancing and Birmingham Midshires mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in New Inn who acted for me is not around. Any advice?

First contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to instruct a New Inn conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in New Inn - A selection of Questions you should consider before Purchasing

Make sure you discover if there is anything that is prohibited in the lease. By way of example some leases prohibit pets being allowed in certain buildings in New Inn. If you love the apartmentin New Inn but your cat can’t move with you then you have a very hard choice. Are any of leasehold owners in arrears of their service charge liability? The answer will be useful as a) areas could cause problems for the block as the common areas may start to deteriorate if maintenance are not paid for b) if the leaseholders have a dispute with the managing agents you will need to have all the details

Why is it not possible to complete our conveyancing in New Inn on a public holiday?

This is due to the fact that on completion the money will pass between the banks of the purchaser and seller's conveyancing practitioner and at present this can only take place on a working day. It is not possible to complete on a saturday or sunday either.