Our grandson is in the process of securing a house that has just been built in Yelverton with a mortgage from Nationwide. His lawyer has said that there is 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 engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Nationwide 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 Nationwide conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Just had an offer accepted on a new build apartment in Yelverton. 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 may expect your new-build leasehold conveyancing in Yelverton

There must be mutual enforceability of lessee’s covenants. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I am looking into buying my first house which is in Yelverton and I am already nervous. I couldn't find anything specific about Yelverton. Conveyancing will be needed in due course but do you know about the Yelverton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Yelverton. In the meantime here are some basic statistics that we found

We are 14 days into a leasehold purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Yelverton. I am am starting to be dissatisfied with the quality of service. Could you help me find new solicitors?

A conveyancer would have to be really bad to suggest diss instructing them. Has the mortgage been issued? If so you must inform them of the new contact details and ensure the offer are re-issued. Your new solicitor ideally should be on the mortgage company approved list to avoid added fees and delays. That should be your first question of the new conveyancers. Our find a solicitor tool can help you find a lender approved lawyer for your conveyancing in Yelverton

I've found a house that seems to tick a lot of boxes, at a great price which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Yelverton. Conveyancing solicitors have are soon to be instructed. Will they explain the issues?

The majority of houses in Yelverton are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area can assist with the conveyancing process. It is clear that you are buying in Yelverton so you should seriously consider looking for a Yelverton conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’sconsent to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer will advise you fully on all the issues.