My son is buying a newly built flat in Archway with a mortgage from Aldermore. His solicitor has advised him of a delay in completing 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 Aldermore 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 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 you explain why leasehold purchase conveyancing in Archway costs more?

The conveyancing charges on a leasehold property in Archway is inevitably more expensive as compared to a freehold acquisition or disposal. This is because there is an amount of additional time required in communicating with the freeholder and managing agents to collate the information about whether the rent and service charges have been paid and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the block.

I have recentlybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Archway for a purchase of a leasehold apartment 12 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?

The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Archway conveyancing specialists.

The estate agent has sent us the confirmation of our purchase of a new build flat in Archway. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Archway

Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

My husband and I are one month into a freehold purchase having been referred to a firm by the estate agent to handle our conveyancing in Archway. I am not happy. Could you help me find new lawyers?

A lawyer would need to be very bad in order to consider changing them. Has your mortgage offer been issued? In the event that it has you need to inform them of the new solicitor and ensure the mortgage documents are re-issued. Your conveyancer needs to be on the banks panel to avoid escalating fees and delays. That should be your first question of the new lawyers. The find a solicitor tool should assist you in finding a bank approved lawyer for your conveyancing in Archway